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 ...

The Federal Reserve cut interest rates by a quarter of a percentage point on Thursday, setting the latest path for borrowing ...

The Federal Reserve announced its second interest rate cut of 2024, but Trump's economic priorities could impact future ...

The Fed stayed the course on its campaign of rate cuts Thursday, trimming its benchmark interest rate by a quarter-point in a widely expected move.

Her expertise is in personal finance and investing, and real estate. The Board of Governors of the Federal Reserve System, also known as the Federal Reserve Board (FRB), is the governing body of ...

The Federal Reserve on Thursday made its second rate cut of this year, with the decision coming less than two months after ...

The Federal Reserve cut its key interest rate by a quarter-point in response to a steady decline in once-high inflation that ...

Two days after Donald Trump won the presidential election, the Federal Reserve announced a 25-basis-point interest-rate cut.

The Commerce Department released the latest data for the personal consumption expenditures index, which is closely watched by Federal Reserve policymakers and showed inflation cooled. The release ...

Find out how the Federal Reserve’s decision will impact all aspects of borrowing and spending ...

Dismissing Jerome Powell would be a serious breach of long-standing norms of central bank independence. That doesn’t mean we ...

The Federal Reserve is the central bank of the United States and the anchor of the country's financial system and economic health. It’s governed by a federal Board of Governors appointed by the ...