The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.

For more than 30 years, the Federal 100 awards have sought out and spotlit the people in government, industry and academia ...

Nonetheless, already there is a clash with President Trump, who believes interest rates are “far too high." On his Truth ...

The first central bank meetings of 2025 suggest it will be a year in which policymakers go their own way as economic paths ...

The Federal Reserve kicked off its second Trump era right where it left off: Doing exactly what it wanted to do, ignoring President Donald Trump’s demands that it lower rates.

The Fed's quantitative tightening continues to do its job of reducing bank liquidity, but the Federal Reserve knows that the effort to reduce bank reserves is not over. The new administration's ...

(AP Photo/Jose Luis Magana, File) Updated [hour]:[minute] [AMPM] [timezone], [monthFull] [day], [year] WASHINGTON (AP) — The Federal Reserve said Friday that it is leaving an international grouping of ...

Federal holidays cause federal offices to close along with banks and financial markets. Not included in the OPM list is the day of mourning on Jan. 9 called by President Joe Biden in the wake of ...

WASHINGTON (AP) — The Federal Reserve said Friday that it is leaving an international grouping of central banks that focused on how regulation of the financial system could help combat climate ...

Close to 75% of all Aiken County roads are cleared by debris from Hurricane Helene. Officials estimate cleanup for the first pass could take up to a month. A suspect who was wanted in connected to ...

Stress tests have come under scrutiny after the Silicon Valley Bank’s collapse in March 2023. In a post-mortem report, the Fed said it must strengthen the Federal Reserve’s supervision and ...

Jan 16 (Reuters) - The Federal Reserve should stay independent, Trump's pick to be U.S. Treasury Secretary told a Senate panel on Thursday. "I think on monetary policy decisions, the FOMC should ...