When people hear the term “The Fed’ in the news, many are not aware of what it is exactly, how it works, why it exists, or ...

The Federal Reserve aims to cut 10% of its workforce over the next several years, Chair Jerome Powell told employees in a ...

Federal regulators moved to lift their punishment against Wells Fargo that prevented its growth following the bank’s fake accounts scandal in 2018.

Why is Christian Science in our name? Our name is about honesty. The Monitor is owned by The Christian Science Church, and we’ve always been transparent about that. The Church publishes the ...

America's oldest and wealthiest school, Harvard University, held its commencement Thursday. The ceremony, attended by ...

President Donald Trump met with Federal Reserve Chair Jerome Powell and the two discussed the economy but not Powell’s ...

The U.S. flag is magnified in Federal Reserve Bank Chair Jerome Powell's glasses as he announces that interest rates will remain unchanged during a news conference at the bank's William McChesney ...

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 ...

The Federal Reserve should do more to show the public how it is thinking about the economy, former Fed Chair Ben Bernanke said. Over decades, the Fed has gradually moved toward greater transparency, a ...

The Federal Reserve on Wednesday warned of an increased risk of stagflation from the Trump administration’s tariff plan as it left interest rates unchanged – despite growing pressure from the ...

Fed Chair Jerome Powell and President Donald Trump met at the White House for the first time in the president's second term, the Federal Reserve announced. Rising inflation and unemployment pose ...

Jerome Powell took over as chairman of the Federal Reserve in February 2018. Powell joined the Fed’s board of governors in 2012.