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 ...

In an era of significant economic challenges and rapid financial evolution, the Federal Reserve System (Fed) stands as a pivotal force shaping the U.S. economy and global markets. As inflation ...

The Fed was created after President Woodrow Wilson signed the Federal Reserve Act in December 1913. While the architects who ...

Economists are watching whether the Federal Reserve can achieve a “soft landing” by bringing inflation down to its target ...

From the point of view of the Federal Reserve, the economy is running smoothly. Now, the central bank’s goal is to keep it ...

Passed by Congress in 1913, the Federal Reserve Act established a central bank for the United States and fostered stability in the country’s banking system. The early days of the U.S. banking ...

How old is the central bank? Who controls it? Here’s a look at the Federal Reserve, which has survived more than 100 years in ...

The Federal Reserve's benchmark, short-term rate has held a 23-year high of 5.25% to 5.5% since July 2023. This pause follows aggressive rate hikes dating back to March 2022, a period in which ...

The Federal Reserve on Wednesday cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two years of high rates that helped tame inflation but also made ...

If you follow the news about changes to savings or mortgage rates, you’ve probably heard of the Federal Reserve. It’s a powerful financial system, but as a banking consumer, you don’t ...

An inflation measure closely tracked by Federal Reserve policymakers fell in August to 2.2% as inflation continued to trend closer to the central bank's target. Blackstone and Vista Equity ...