In 1913, Congress created the Federal Reserve Act, which established the Federal Reserve system as we know it. President Woodrow Wilson signed the act into law on December 23, 1913. When the Fed ...

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 ...

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

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

A widely circulated conservative policy platform for the next presidential administration would put major constraints on the ...

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

Mark has provided executive leadership to a range of Federal Reserve Bank and System functions at the intersection of payments, technology, strategy, and operations throughout his career. On the way ...

The Federal Reserve on Wednesday moved to lower its benchmark rate by 0.25 percentage points, but said it plans fewer cuts in 2025.

or The Federal Reserve System, is the central bank of the United ... The Federal Reserve is responsible for a lot of functions, so some may become confused about its role and ask the question ...