12 Federal Reserve Banks: These reserve banks, located in 12 cities throughout the U.S., "serve as regulators of various financial institutions, lenders of last resort for banks that lack enough ...

The Federal Reserve kept its key interest rate unchanged Wednesday, brushing off President Donald Trump’s demands to lower borrowing costs, and said that the risks of higher unemployment and higher ...

President Donald Trump met with Federal Reserve Chair Jerome Powell and the two discussed the economy but not Powell’s ...

For the first time in four years, the Federal Reserve's benchmark, short-term rate was scaled back by a half percentage point. The previous 23-year high remained stagnant since July 2023 until ...

Ever wonder who's pulling the strings behind the U.S. economy? Meet the Federal Reserve, often called the Fed. This powerful institution keeps the United States economy stable and healthy by ...