We evaluate the decentralized structure of the Federal Reserve System as a mechanism for generating and processing new ideas on banking policy in the 1950s and 1960s. We document that demand for ...

The Federal Reserve cut its key interest rate by a quarter-point — its third cut this year — but also signaled that it ...

The projections are a snapshot of individual committee members' best guesses on the future of unemployment, inflation and ...

The Federal Reserve today made its final interest rate decision of 2024, capping a year during which the central bank ...

With the federal funds rate finishing 2024 at a 4.25%-4.50% target range, the updated SEP shows two 25-basis-point rate cuts ...

The Federal Reserve's policy committee kicked off its two-day meeting Tuesday amid expectations the central bank will cut ...

Americans hoping for lower borrowing costs for homes, credit cards and cars may be disappointed after this week’s Federal ...

The Federal Reserve on Wednesday announced its third consecutive interest rate cut of 2024, reducing its benchmark rate by 0.25 percentage points amid cooling inflation. Yet in a blow for ...

Here’s how the Fed’s latest move will impact your borrowing costs ...

The Federal Reserve is likely to continue lowering interest rates, but the trend may not last in the new year. The Federal Reserve is likely to continue lowering interest rates, but the trend may ...

Federal Reserve policymakers projected two quarter-point rate cuts next year. The Dow ended more than 1,100 points lower, marking its longest daily streak of losses since 1974.

However, the Federal Reserve is much more than that. The Federal Reserve ensures the smooth operation of the banking system and guides the nation's economy by managing U.S. currency and by ...