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 ...

“This is the time when we make certain that we have the aviation we need, when we have the personnel we need and that all of ...

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 Federal Reserve has ended an enforcement action against a small Illinois bank and its holding company. The Fed Board ended its written agreement with Perry County Bancorp and its subsidiary, Du ...

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 kept its key interest rate unchanged Wednesday, brushing off President Donald Trump’s demands to lower ...

Investopedia / Candra Huff The Federal Reserve Bank of St. Louis ... under the influence of University of Chicago economist Milton Friedman and the bank's noted research director Homer Jones ...

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 ...

Bucking national banking trends, California-based Wells Fargo is cutting the ribbon on two new Chicago ... bank in the U.S. behind JPMorgan Chase and Bank of America, according to Federal Reserve ...

The US Federal Reserve announced it is withdrawing guidance that served to deter banks from engaging in crypto and stablecoin activities. ”The Board is rescinding its 2022 supervisory letter ...

President Trump suggested he could oust Jerome Powell, Chair of the Board of Governors of the Federal Reserve System ... Unlike the European Central Bank, which has been lowering interest rates ...