That mandate as written by Congress has been in place since 1978, and the Fed uses its power to set interest rates as a way of nudging both of those mandates into the proper balance.

The Federal Reserve has a playbook for fighting inflation, and another for boosting the economy when unemployment is rising.

At their March meeting, Federal Reserve officials left the policy rate unchanged at 4.25%–4.5% and signaled further patience ...

Recent economic data is forcing the Federal Reserve to choose between maximum employment and lower prices. Financial advisors ...

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An executive order signed by the president would cancel collective bargaining for hundreds of thousands of workers, the ...

A new task force in the Republican-controlled U.S. House of Representatives on Tuesday begins its examination of the Federal Reserve's policy tools, rules and track record, and members of the ...

(Bloomberg) -- Congressional Republicans are ramping up scrutiny of the Federal Reserve, just as the central bank confronts stubborn inflation and broader questions about its role as a bank regulator.

Scrutiny of the Federal Reserve is intensifying this week in Washington, D.C., as a new congressional panel gathers to discuss whether the central bank should focus more exclusively on fighting ...