The Federal Reserve System (the Fed) was founded in 1913 by the United States Congress. The Fed’s actions and policies have a major impact on currency value, affecting many trades involving the US Dollar. Find out about the history of the Fed, its influence on USD and how to trade Fed monetary policy decisions. The Federal Reserve is the central bank of the United States. It was founded to create a stable, flexible monetary and financial system for the nation. Its general duties are to set monetary policy and oversee effective economic operation, ultimately serving the public interest. To meet these top-level ... (full story)