The Federal Reserve System is the central banking system of the United States of America. It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a series of financial panics led to the desire for central control of the monetary system in order to alleviate financial crises. Read More
Turkish President Recep Tayyip Erdogan has fired the Central Bank's Governor without giving an official reason, as policy differences between the government and the bank reportedly deepened in the face of an economic slump. ...
