This article explains the power of the Federal Reserve - setting interest rates in the largest economy in the world - and its history. Central banks have not always existed in the US. In the 19th century, it did without one. Only in 1913 was the Federal Reserve established. The UK has had one for longer. The Bank of England acted as a central bank even before it was nationalised. As lender of last...

The US Federal Reserve last night led the way in a series of interest rate cuts aimed at heading off a deep and prolonged global recession when it reduced borrowing costs to 1%. In a move that is expected to be followed by the Bank of Japan tomorrow, and the European Central Bank and the Bank of England next week, America's central bank said the half-point cut in its overnight lending rate wa...

New book edited by STANISLAWA GOLINOWSKA, PETER HENGSTENBERG and MACIEJ ZUKOWSKI The full book can be downloaded here: This collaborative study has the ambitious goal of providing a new interpretation and analysis of European social policy since the »Eastern« enlargement of the European Union in 2004 and 2007. It covers six countries, three of which –

This site provides free access to a white paper published in December 2008 by the Federal Web Managers Council. It considers use of social media by United States government websites in 2008, problems faced and the difficulties in implementing web 2.0. It then offers some possible solutions for future development.

The Federal Deposit Insurance Corporation laid much of the blame for the financial crisis at the door of the Federal Reserve on Thursday in testimony to an inquiry that causes fresh problems for the central bank

The Federal Deposit Insurance Corporation laid much of the blame for the financial crisis at the door of the Federal Reserve on Thursday in testimony to an inquiry that causes fresh problems for the central bank

The results show how the central bank’s unconventional monetary policy has turned it in to the most profitable bank in history

The US Federal Reserve chairman has achieved a fundamental change in the way the world’s most important central bank operates

Banks with more than $100bn of assets will be overseen by the US Federal Reserve in a regulatory reform plan that represents a partial victory for the central bank after months of attacks in Congress

In a challenging new book, the Joseph Rowntree Foundation looks at how therapy culture and individuation has eaten away at the social fabric.