S&P 500 · SPY
774.76
▲ +5.12 (+0.67%)
DOW JONES · DIA
512.09
▲ +0.99 (+0.19%)
NASDAQ · QQQ
755.33
▲ +5.75 (+0.77%)
GOLD · GLD
$378.80
▼ -1.34 (-0.35%)
OIL (WTI) · USO
$144.83
▼ -2.54 (-1.72%)
BITCOIN
$85,289.38
▼ -13.52 (-0.02%)
--:--:--
NYSE · Live ET

Federal Reserve

What is Federal Reserve?

The Federal Reserve, or Fed, is the central bank of the United States. It sets short-term interest-rate targets and oversees the banking system, with goals of stable prices and maximum employment.

Why it matters

Fed decisions ripple through stocks, bonds and the dollar. Markets often move on its statements as much as on the rate change itself.

Read the guide
How Interest Rates Affect Stocks and Bonds

Related terms

Explore on Investz

Share this termEmailXLinkedInFacebookRedditWhatsApp

General education, not investment, tax or legal advice. Read our disclosures.