The Federal Reserve opted to leave interest rates unchanged on Wednesday, citing heightened risks of rising inflation and ...

The 1913 Federal Reserve Act is the legislation that created the Federal Reserve System in the United States. The law was passed after years of economic turmoil in the country. Congress passed ...

Holding rates steady, the U.S. central bank took note of the possibility of higher inflation and unemployment.

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 ...

The Federal Reserve kept its key interest rate unchanged Wednesday, brushing off President Donald Trump’s demands to lower ...

The Federal Reserve announced that it is leaving a key interest rate unchanged amid uncertainty over inflation and the labor market amid trade turmoil due to tariffs.

Jerome H. Powell has been a member of the Board of Governors of the Federal Reserve System (FRB) since May 25, 2012, appointed by then-President Barack Obama to fill an unexpired term. He was ...

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.