WASHINGTON — A Federal Reserve official gave a lengthy defense of the central bank's political independence Thursday, just ...

While Fed officials didn’t comment on President-elect Donald Trump's proposed policies, they said the central bank was in a ...

The seal of The Federal Reserve System is seen during a news conference by Federal Reserve Board Chairman Jerome Powell at ...

Made up of the Fed's Board of Governors and five regional Federal Reserve Bank presidents, the FOMC meets at least eight times a year to decide the federal funds rate based on prevailing economic ...

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

Set by the Federal Reserve, it's a basis for other interest rates. Learn when the next Federal Reserve meeting takes place and what outcomes to anticipate for the economy, and whether savings ...

Elon Musk appeared to support a call to end the Federal Reserve Bank in the United States after reposting a tweet from Utah ...

In this Sept. 18, 2024, file photo, Federal Reserve Board Chairman Jerome Powell speaks during a news conference at the Federal Reserve in Washington, D.C. Ben Curtis/AP, FILE Inflation has cooled ...

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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 ...

The Federal Reserve lowered interest rates Thursday by a quarter of a percentage point as inflation continues to cool, but a cloudy economic outlook after Donald Trump was elected again could make ...

WASHINGTON (AP) — The Federal Reserve cut its key interest rate Thursday by a quarter-point in response to the steady decline in the once-high inflation that had angered Americans and helped ...