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 ...

The Federal Reserve has three main objectives: maximize employment, stabilize prices, and moderate long-term interest rates. Learn how the Fed’s role has expanded since it was established in 1913.

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

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 ...

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

Elon Musk reposted a call from Senator Mike Lee to abolish the Federal Reserve Bank in the United States — echoing the ...

Federal Reserve officials made tweaks to the inflation language of Thursday's policy decision that appear to be less dovish than its last one, according to Omair Sharif, founder and president of ...

The Fed stayed the course on its campaign of rate cuts Thursday, trimming its benchmark interest rate by a quarter-point in a widely expected move.

According to AllHipHop, the rapper will serve 27 months behind bars, a far cry from the potential 10-year sentence he could ...

The federal prison system does not allow for parole ... which increased the guidelines range for Hill and resulted in a ...

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 ...

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 ...