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 Bank of New York and the Bank for International Settlements (BIS) released a joint research study that explored if and how central banks could continue to “implement monetary ...

The regional federal reserve banks provide services to member banks and the public, including lending, check processing and currency distribution. As a bank director of the Federal Reserve Bank of ...

The Federal Reserve will look to reduce its headcount by 10% over the next couple of years, including offering deferred ...

The Federal Reserve aims to cut 10% of its workforce over the next several years, Chair Jerome Powell told employees in a memo—following suit with the Trump administration’s efforts to reduce ...

For $5, $10, $20, $50, and $100 denomination notes, there is a two or three-digit code that corresponds to the Federal Reserve Bank that accounts for that note. The first digit in this code ...

The Reserve Bank of India has proposed relaxing norms for investments in alternate investment firms by regulated entities (REs) in the aftermath of its earlier tightening bringing in financial ...

While Jerome Powell lives on borrowed time as Federal Reserve chair before President Donald Trump picks ... has stayed above the fray this year as he tries to navigate the central bank through a ...

President Donald Trump issued an executive order to phase out paper checks in favor of electronic payments starting Sept 30.

Interest rates held fast in a unanimous vote of the Federal Open Market Committee ... Accounting lags and the People’s Bank of China (PBOC)’s use of European dealers to buy and sell US ...

What is the Federal Reserve — and why does it meet? The Federal Reserve is the central bank of the United States ... in order to keep inflation in check. Among its main responsibilities are ...