Fed Chair Jerome Powell defended the Federal Open Meeting Committee’s universal decision to hold the Federal Funds Rate ...

Federal Reserve Chair Jerome Powell is sticking to his position that the central bank will keep its key rate on hold while it ...

All the major banks passed the Federal Reserve's annual “stress tests" of the financial system, the central bank said Friday, ...

The Fed continues quantitative tightening, shrinking its securities portfolio by $2.1 trillion since March 2022, but excess ...

The 12 Reserve Banks work independently with oversight from the Board of Governors in Washington, DC. The Reserve Banks are the operating arms of the Federal Reserve System and function within their ...

The Federal Reserve System, commonly known as the Fed, is the central bank of the U.S., which regulates the U.S. monetary and financial system.

The Federal Reserve affects you in more ways than you might think. From interest rates to the employment rate, here are all the ways the Fed affects daily life.

The Federal Reserve on Thursday launched a real-time payment system that eventually will allow consumers and businesses to send and receive money within seconds 24 hours a day, doing away with ...

The Federal Reserve's system that allows wire money transfers crashed with intermittent disruptions for about two hours on Wednesday. The outage impacted customers, which include banks, brokers ...

One hundred years ago today President Wilson signed the Federal Reserve Act, thus creating the Federal Reserve System, our central bank. It wasn’t called the Bank of the United States, following ...

Federal Reserve Chair Jerome Powell is sticking to his position that the central bank will keep its key rate on hold while it ...