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 ...
Welcome to Investopedia's live blog of the Federal Reserve's January meeting. Here, we will bring you the latest news on the ...
Fed chair Jerome Powell said he has not talked with Trump since the president demanded last week “interest rates drop ...
President Trump has said he will "demand" lower interest rates, raising questions about his ability to influence the Federal Reserve.