The Federal Reserve. or The Federal Reserve System, is the central bank of the United States that was founded in 1913 by the U.S. Congress in order to establish central financial control.

The Commerce Department released the February personal consumption expenditures (PCE) index, which showed that inflation remains above the Federal Reserve's 2% goal. As tariffs work their way into ...

In these cases, the Federal Reserve may choose to simply continue open market operations, buying bonds and other assets to flood the banking system with new credit. This is known as quantitative ...

Louis Fed's Musalem says tariffs could trigger more persistent inflation Risks have increased that U.S. inflation will stall above the Federal ... system remains abundant. New York Federal Reserve ...

The term Federal Employees Retirement System (FERS) refers to a retirement plan for U.S. federal civilian employees. FERS is a defined-benefit plan that replaced the Civil Service Retirement ...

The main news from last week’s Federal Open Market Committee meeting was the escalating war of words between Federal Reserve Chairman Jerome Powell and President Trump. But while the two of them ...

WASHINGTON — Utah Sen. Mike Lee is spearheading efforts to dismantle the Federal Reserve, accusing the central banking system of being the cause of rising inflation nationwide. Lee, R-Utah, along with ...

Its monetary policies have a ripple effect on the economy, which affects personal loan rates. The Federal Reserve left rates unchanged after its latest meeting.

The Federal Reserve isn't expected to announce any changes to its key interest rate Wednesday, a sign of caution amid significant economic uncertainty. The Federal Reserve isn't expected to ...

By Coral Davenport Members of Elon Musk’s cost-cutting Department of Government Efficiency gained access over the weekend to a payroll system that processes salaries for about 276,000 federal ...

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 ...