Jerome Powell defends $2.5B Federal Reserve renovation
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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 and their decisions.
Michelle Bowman of the Fed emphasized financial inclusion and the need for innovation to serve unbanked populations at a conference.
Anna Paulson will become president of the Federal Reserve Bank of Philadelphia on July 1. She replaces Pat Harker.
The Federal Reserve meets for fifth two-day rate-setting session of 2025 next month on Tuesday, July 29, and Wednesday, July 30, 2025. At the end of its Federal Open Market Committee session on ...
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 ...
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The Federal Reserve system isn't owned by a person or a company. It is controlled by a Board of Governors in Washington, D.C., as an agency of the federal government.
Beating inflation is crucial for the Federal Reserve.But so is promoting full employment. And don’t forget about preserving the stability of the financial system.. Each of these goals is ...
A top Federal Reserve official said late Thursday that the central bank should cut its key interest rate later this month, carving out a different view than that of Chair Jerome Powell, who has been harshly criticized by the White House for delaying rate cuts.