News

The Federal Reserve is pushing ahead with an eye-watering $2.5 billion revamp of its Washington, DC HQ despite mounting ...
Yes, banks are open on Easter Monday, as the Federal Reserve doesn't list Easter Monday as one of its recognized holidays.
Inflation remains stubbornly close to the federal reserve’s benchmark of 2%, the U.S. dollar is weakening, and the impact of ...
According to the central bank, more than one in 10 Americans (11.1%) paid the bare minimum monthly on their credit-card debt ...
Richard Sharrocks / Getty Images In 1913, the Federal Reserve Act established the Federal Reserve System (FRS), an independent governmental entity that would serve as a central bank to the U.S ...
Chair of the Board of Governors of the Federal Reserve System Jerome Powell speaks during an event hosted by the Economic Club of Chicago, Wednesday, April 16, 2025, in Chicago. (AP Photo/Erin ...
and the sustainability of U.S. debt topped the list of potential risks to the U.S. financial system in a new Federal Reserve survey released on Friday. Fed's Kashkari nervous that trade policy ...
The Federal Reserve is taking a major step back from monitoring banks' crypto activities. In a new press release, the ...
The Federal Reserve will now treat crypto like any other banking service, instead of approaching the industry with particular ...
President Donald Trump is undermining the economy with his attacks on Jerome Powell, Chairman of the Board of Governors of the Federal Reserve System. Over the past few days, Trump has called for ...
Now Trump wants to unravel that system in the United States ... at which point Trump can appoint another Federal Reserve chair, subject to confirmation by the Senate. Powell has said he would ...
The next observed holiday for the Federal Reserve system will be Memorial Day, scheduled for May 26 this year. Yes, the stock market reopens on Easter Monday after it was closed for trading in ...