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CNBC Explains: Central Banking

  • The Federal Reserve headquarters in Washington, DC.

    Most people have no idea how the Fed works, what it actually does and why its decisions have so much impact. To help you better understand the Fed and the people that run it, we'll discuss those issues and more.

  • United States Federal Reserve

    The beige book is an important indicator on the state of the U.S. economy and a critical tool for the Federal Reserve. CNBC explains.

  • How does QE differ from normal federal reserve open market operations? Also, how does US quantitative easing differ from Japan’s quantitative easing program? Salman Khan of the Khan Academy explains the finer points of quantitative easing.

  • The United States central bank, the Federal Reserve, buys and sells assets in the open market. How do these open market operations work? CNBC explains.

  • The U.S. debt is at record levels as  economists and politicians warn about the dangers it poses for the country. So what is the debt and how does it effect you? Here are some basics.