WASHINGTON (AP) — A Federal Reserve official gave a lengthy defense of the central bank’s political independence Thursday, ...

The Federal Reserve cut its key interest rate by a quarter-point in response to a steady decline in once-high inflation that ...

Trump has repeatedly argued that he does not agree with Jerome Powell. Will he try to remove him from the Federal Reserve?

Life could get harder for asset managers that buy bank stocks for mutual funds and other investment strategies. Sources have ...

A Federal Reserve official has given a lengthy ... one of the seven members of the Fed's governing board, said in prepared remarks for an economic conference in Montevideo, Uruguay.

Each Federal Reserve district has a nine-member board of directors. Six are elected by commercial private banks within each district, and three are voted on by the Fed's Board of Governors.

The Federal Reserve is the central bank of the United States and the anchor of the country's financial system and economic health. It’s governed by a federal Board of Governors appointed by the ...

Federal Reserve Board Chairman Jerome Powell (REUTERS) The rate cut follows a larger half-point reduction in September, and it reflects the Fed’s renewed focus on supporting the job market as ...

Federal Reserve Chair Jerome Powell on Thursday declined to say whether he would remain at the U.S. central bank as a board member after his term as chief expires in May 2026.