Source: https://mochatrade.com/learn/glossary/federal-reserve

# Federal Reserve
URL: https://mochatrade.com/learn/glossary/federal-reserve
Last modified: 2026-10-17

The Federal Reserve is the US central bank, built in 1913 after [the 1907 bank runs were stopped by one banker](https://mochatrade.com/learn/us-market-structure/us-stock-market-explained). It sets [the price of money](https://mochatrade.com/learn/us-market-structure/how-the-fed-moves-markets), and its chair, once confirmed, [cannot be removed for a decision](https://mochatrade.com/learn/us-market-structure/who-moves-us-stocks), which is why one Fed headline moves bonds, the dollar, gold and stocks at once.

## Related terms

- US Treasury: https://mochatrade.com/learn/glossary/us-treasury
- Debt ceiling: https://mochatrade.com/learn/glossary/debt-ceiling
- Quantitative tightening: https://mochatrade.com/learn/glossary/quantitative-tightening
- Quantitative easing: https://mochatrade.com/learn/glossary/quantitative-easing
- Market cap categories (mega/large/mid/small): https://mochatrade.com/learn/glossary/market-cap-categories
- Bid-ask spread: https://mochatrade.com/learn/glossary/bid-ask-spread