In 1913, Congress created the Federal Reserve Act, which established the Federal Reserve system as we know it ... Is It Backed by Gold? A Federal Reserve note is a currency issued by the Fed ...

The Federal Reserve, or "the Fed," is the central banking system of the U.S. The purpose of the Federal Reserve is to regulate banks, manage the country's money supply, and implement monetary policy.

In a sweeping move that would upend the U.S. financial status quo, the Wyoming Republican wants the Federal Reserve to trade part of its gold stash for Bitcoin. That’s right — ditch gold ...

The Federal Reserve maintained the federal rate at 4.25%-4.5%, causing minor market fluctuations; gold prices rose, indicating a bullish trend for precious metals ...

The Commerce Department released the February personal consumption expenditures (PCE) index, which showed that inflation remains above the Federal ... interest rates. Gold prices have gained ...

Federal Reserve Chair Jerome Powell is scheduled to speak at 11:25 a.m. about the state of the economy. Of interest: How are folks on Wall Street reacting to Trump's tariffs? Uncertainty ...

Senator Cynthia Lummis has proposed legislation aimed at leveraging gold certificates stored in the Federal Reserve’s 12 banks ... it's an investment in a system that is influenced by multiple ...

Federal Reserve Chair Jerome Powell said Friday that the size and potential economic harm of President Trump’s new tariffs were far larger than anticipated, raising new challenges as the bank ...

8 Federal funds target rate 6 No change 4 The Federal Reserve left interest rates unchanged in its meeting on Wednesday for a second time in a row, and officials stuck to their previous forecast ...

Gold futures slide on waning U.S. interest ... Futures have slipped back on investor positioning ahead of the U.S. Federal Reserve's interest rate cut decision later this week.

The Federal Reserve held interest rates steady Wednesday for the second meeting in a row and maintained a prior prediction for two rate cuts at some point this year. What the central bank did ...

President Donald Trump on Monday nominated Michelle Bowman to oversee the Federal Reserve’s financial regulatory efforts, a move that could lead to looser rules for large banks. Bowman was ...