Highlights:,Established in 1913 as the central bank of the United States.,Regulates monetary policy and oversees banking institutions.,Comprises 12 Federal Reserve Banks and the Federal Reserve Board.

Federal Reserve Chairman Jerome Powell said Wednesday the central bank has not been cut off from any data it needs to do its ...

Now consider bitcoin: much like these scarce precious metals, bitcoin is now widely regarded as “digital gold,” including by ...

Over two days of testimony this week before Congress, Federal Reserve Chairman Jerome Powell indicated there's no imminent ...

Federal Reserve Chairman Jerome Powell is on Capitol Hill Tuesday for the first of two hearings he will testify in this week.

Powell was also asked about the high cost of home ownership and President Trump's trade policies, but as usual, the Fed chair ...

The change was slightly above analysts' expectations and is likely to bolster reluctance at the Fed to cut interest rates any further.

Thousands of probationary employees in the civilian workforce are at risk of losing their jobs as President Donald Trump and ...

Three weeks into his second presidential term, Donald Trump is largely getting his way on Cabinet nominees, deregulation, ...

The Federal Reserve meets for its second two-day rate-setting session of 2025 on Tuesday, March 18, and Wednesday, March 19, 2025. At the end of its Federal Open Market Committee session on ...

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump’s calls for lower interest ...

Global central banks own about 17 percent of all the gold ever mined, with reserves topping 36,699 metric tons (MT) at the ...