The Federal Reserve System — also known as the Federal Reserve ... For more details, skip down to “The Fed’s origins and structure” section. Manages U.S. monetary policy, which refers ...

President Woodrow Wilson signed the Owen-Glass Act, creating the Federal Reserve System, an independent agency of the U.S. Government. Before Federal Reserve began its operation in November 1914, ...

Read here for an update on the Federal Reserve's gradual reduction of its securities portfolio and interest rate adjustments ...

Over time, the roles and responsibilities of the Federal Reserve System have expanded and its structure has evolved.