Richard Sharrocks / Getty Images In 1913, the Federal Reserve Act established the Federal Reserve System (FRS), an independent governmental entity that would serve as a central bank to the U.S ...

The Federal Reserve is planning to reduce staffing by 10% in the years ahead, Chair Jerome Powell said in a memo to employees seen by The Wall Street Journal.

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

has joined the Federal Reserve Bank of Boston's Community Depository Institutions Advisory Council (CDIAC). The CDIAC is comprised of 12 members located across Connecticut, Massachusetts ...

WASHINGTON (AP) — A top Federal Reserve official said Friday that massive ... but he added that it’s not yet clear whether the central bank should cut its key interest rate.

WASHINGTON (AP) — The Federal Reserve kept its key interest rate unchanged ... an unusual combination that puts the central bank in a difficult spot. The Fed kept its rate at 4.3% for the ...

Congress passed the Federal Reserve Act to establish economic stability in the U.S. by introducing a central bank to oversee ... a regional district, are in Boston, New York, Philadelphia ...

WASHINGTON — The Federal Reserve will likely keep its key short ... a tricky combination for the Fed. The central bank would typically raise rates — or at least keep them elevated — to ...

Voting FOMC members always include the president of the Federal Reserve Bank of New York and one each from the following four bank groups, based on a rotating schedule: Boston, Philadelphia and ...

according to economists affiliated with the University of Massachusetts Donahue Institute and the Federal Reserve Bank of Boston. The gross state product decreased at an annual rate of 1.1% ...

"A bank charter is a privilege," Daniel Hartman, a financial sector-focused attorney for law firm Nutter and former legal counsel at the Federal Reserve Bank of Boston, told Yahoo Finance.

Prior to his current position, he was a faculty member at Boston College and an Economist in the International Research Function of the Federal Reserve Bank of New York. He held Visiting Scholar ...