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Federal Reserve System

Organization name
Federal Reserve System
Country name
USA
Country of registration
USA
Industry
-
Credit Ratings
in foreign currency
  • M/S&P/F
    *** / *** / ***
Public debt
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Profile

The Federal Reserve System (also known as the Federal Reserve or simply the Fed) is the central banking system of the United States. It was created on December 23, 1913, with the enactment of the Federal Reserve Act in response to a series of financial panics (particularly the panic of 1907) that showed the need for central control of the monetary system if crises are to be avoided. Over the years, events such as the Great Depression in the 1930s and the Great Recession during the 2000s led to the expansion of the roles and responsibilities of the Federal Reserve System.

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Codes

  • SIC
    8641 Civic and social associations
  • NACE
    *** ***
  • NAICS
    *** ***

Macroeconomic Indicators - Federal Reserve System

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