Tariff turmoil and a shaky economy demand action. The Fed must cut interest on reserves and revive a gold-linked dollar to ...

A top Federal Reserve official said Friday that massive uncertainty created by President Donald Trump’s tariffs has caused ...

President Donald Trump has tapped Iowa Board of Regents member David Barker to serve as U.S. assistant secretary of ...

Musk’s comments came after The Post exclusively reported the central bank was pushing ahead with the decadent revamp despite ...

Reserve Balances with Federal Reserve Banks, a proxy for the "excess reserves" in the banking system, have dropped a fair amount over the past few "banking weeks." The Federal Reserve has not made ...

The William McChesney Martin Jr. building, which houses the Board of Governors of the Federal Reserve System, is seen, Monday, April 7, 2025, in Washington. Credit: AP/Jacquelyn Martin “It’s ...

WASHINGTON (AP) — 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 both higher ...

The "cash" is already in the banking system. The Federal Reserve does not have to generate a "liquid" base to set off rising prices. The "cash" is there. Mr. Trump would like the banking system to ...

According to the central bank, more than one in 10 Americans (11.1%) paid the bare minimum monthly on their credit-card debt ...

The 1913 Federal Reserve Act is the legislation that created the Federal Reserve System in the United States. The law was passed after years of economic turmoil in the country. Congress passed ...

A Federal Reserve spokesperson declined to comment ... Meanwhile, board members are being handed a new elevator system that allows them to be dropped off directly in their VIP dining suite.

open image in gallery Federal Reserve Chairman Jerome Powell has remained firm in his decision to remain in charge of the independent central banking system (Getty Images) “The ECB is expected ...