The Federal Reserve System is not “owned” by anyone. The Federal Reserve was created in 1913 by the Federal Reserve Act to ...

The Federal Reserve system is designed to be insulated from partisan politics. But conservatives increasingly see it as an ...

With a recession deepening and the 1982 midterm elections approaching, Federal Reserve chair Paul Volcker was summoned to the ...

The final month of the year is likely to show the economy ending on a solid note with growth forecast for 2025.

However, the Federal Reserve is much more than that. The Federal Reserve ensures the smooth operation of the banking system and guides the nation's economy by managing U.S. currency and by ...

“We ought to look at governance,” Stephen Bannon told POLITICO on Wednesday morning, as Trump’s victory came into focus. “The whole structure of the Federal Reserve, as a start.” ...

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

The U.S. banking system’s $3.3 trillion cash raises concerns over inflation. Read why policies may lead to new inflationary ...

Sen. Elizabeth Warren (D-Mass.) urged President-elect Trump’s pick for Treasury secretary, billionaire investor Scott Bessent ...

Just a few weeks ago, the path ahead for the Federal Reserve looked straightforward: With inflation cooling and the job ...

Societies get what they incentivize. Moral hazards — incentives for perverse, risky behaviors — are now sown throughout ...