#Fed#
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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 (particularly the panic of 1907) led to the desire for central control of the monetary system in order to alleviate financial crises. Over the years, events such as the Great Depression in the 1930s and the Great Recession during the 2000s have led to the expansion of the roles and responsi
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KVB Weekly Market Recap 📒✨
1️⃣ Bitcoin hit a new high, soaring past $75,000 after Trump’s win. 2️⃣ Tesla closed over $1 trillion on Friday, backed by Elon Musk’s support for Trump. 3️⃣ Major indices hit record highs: Dow up 3.57%, S&P 500 2.53%, NASDAQ 2.95%. Investors are optimistic about tax cuts and deregulation, thoug
