US (disambiguation)

US or U.S. usually refers to the United States of America, a country in North America.

US, U.S., Us, us, or u.s. may also refer to:

Language

Geography

Education

Music

Other uses

The Federal Kuala Lumpur

The Federal Kuala Lumpur is an international-class hotel located on Kuala Lumpur's Bukit Bintang district. It hosts post-independence Malaya's first revolving restaurant.

History

The Federal Kuala Lumpur is the first international-class hotel of post-independence Malaya. It was built to coincide with Malaya's Independence commemoration to serve as a hotel for witnessing foreign dignitaries. It opened for business just three days before Malaya's Independence Day which falls on 31 August 1957. It was founded by Tan Sri Datuk Low Yat. The architect of the original nine-story building was Yoon Thim Lee. The taller wing housing the revolving restaurant was built in the early 1960s.

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Federal Reserve System

The Federal Reserve System‍—‌also known as the Federal Reserve or simply as the Fed‍—‌is the central banking system of the United States. It was created on December 23, 1913, with the enactment of the Federal Reserve Act, largely in response to a series of financial panics, particularly a severe panic in 1907. Over time, the roles and responsibilities of the Federal Reserve System have expanded, and its structure has evolved. Events such as the Great Depression in the 1930s were major factors leading to changes in the system.

The U.S. Congress established three key objectives for monetary policy in the Federal Reserve Act: maximizing employment, stabilizing prices, and moderating long-term interest rates. The first two objectives are sometimes referred to as the Federal Reserve's dual mandate. Its duties have expanded over the years, and as of 2009 also include supervising and regulating banks, maintaining the stability of the financial system and providing financial services to depository institutions, the U.S. government, and foreign official institutions. The Fed conducts research into the economy and releases numerous publications, such as the Beige Book.