Trump extended a federal hiring freeze until Oct. 15, with exceptions for the military, immigration enforcement and national ...

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 is one of the most important and mysterious institutions in the United States. With a history spanning ...

Anna Paulson will become president of the Federal Reserve Bank of Philadelphia on July 1. She replaces Pat Harker.

The Federal Reserve said all major banks passed this year’s stress tests, showing they can withstand a hypothetical severe ...

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

The Federal Reserve is the central bank of the United States. ... In 1913, Congress created the Federal Reserve Act, which established the Federal Reserve system as we know it.

Created by the Federal Reserve Act of 1913, districts within the Federal Reserve System work together to manage the country’s money supply and how commercial banks are funded.

The Federal Reserve launched a new instant payment system, FedNow, on July 20. It promises to open the world of instantaneous money transfers, at any hour of any day, to the masses — at least in ...

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 ...

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 ...