Billions in cash to be processed at huge new Fed facility in suburban N.J.
The new Federal Reserve site will employ its own federal law enforcement officers to protect the facility filled with money.
Federal Reserve Bank will bring its cash center to Central Jersey
The Federal Reserve Bank of New York purchased the 118-acre site for $57.35 million in December from Somerset Associates.
Forbes1mon
There’s No Such Thing As An ‘Apolitical’ Fed, Nor Does It Matter
WASHINGTON, DC - MAY 19: A gold plated seal outside inside the Eccles Building, the place of the ... [+] Board of Governors of the Federal Reserve System and of the Federal Open Market Committee ...
TheStreet.com2y
The Federal Reserve: Who Are They and What Do They Do?
In 1913, Congress created the Federal Reserve Act, which established the Federal Reserve system as we know it. President Woodrow Wilson signed the act into law on December 23, 1913. When the Fed ...
Federal Reserve officials see risks of higher inflation ahead, support pause in rate cuts
Federal Reserve officials at a meeting last month pointed to rising risks that inflation could worsen, a key reason they kept their benchmark interest rate unchanged.