News

Federal Reserve independence at risk from Trump's pressure campaign, J.P. Morgan warns
J.P. Morgan warned in a note that Trump's pressure on the Federal Reserve and threats to fire Chair Powell could undercut ...
Rand Paul introduces bill to audit the Federal Reserve
Sen. Rand Paul (R-KY) introduced legislation on Thursday calling for auditing the Federal Reserve. The senator’s proposal ...
Federal Reserve's Waller says central bank should cut rates at next meeting
A top Federal Reserve official said late Thursday that the central bank should cut its key interest rate later this month, ...
A well-run economy needs an independent Federal Reserve, says former reserve bank head
Former president of the Federal Reserve Bank of Cleveland Loretta Mester says it's important that the Fed stays independent and that fiscal politics should not interfere with monetary policy makers ...
Evidence That The Banking System Is In Strong Shape
The U.S. banking system is healthy, providing a strong foundation for the overall economy amid current uncertainties. Read ...
Federal Reserve says building renovation complies with law, defends costs
Federal Reserve Chair Jerome Powell on Thursday said the agency’s renovation of its office complex in Washington complies ...
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Federal Reserve Emphasizes Financial Inclusion and Innovation at Annual Conference
Michelle Bowman of the Fed emphasized financial inclusion and the need for innovation to serve unbanked populations at a ...
THE WEEK2mon
What is the Federal Reserve and what does it do?
The Federal Reserve System — also known as the Federal Reserve or the Fed — is the central bank of the United States, which "sets policies to keep the economy steady and controls the money ...
Federal Reserve's Beige Book Reveals Tariff-Driven Profit Squeeze As Businesses Avoid Price Hikes — What It Means for Consumers
The latest Federal Reserve study of economic conditions reveals that businesses that did not raise prices or pass on the ...