The rate of interest by which they make these loans is known as the federal funds rate. The Fed calculates a bank’s reserve requirements as a ratio based on its liabilities. The federal funds ...

When the Federal Reserve was created in 1913, the U.S. Congress established three primary objectives for its central bank: maximize employment, stabilize prices, and manage long-term interest rates.

Federal Reserve Chair Jerome Powell said he views proposals to "audit the Fed" floated by Elon Musk and others last week as a ...

Those members, however, must reside in the FHLB's district. (Note: the Federal Reserve is not affiliated with the FHLB.) Every bank needs funding to provide loans. In the FHLB, investors buy ...

Elon Musk appeared to support a call to end the Federal Reserve Bank in the United States after reposting a tweet from Utah ...

Made up of the Fed's Board of Governors and five regional Federal Reserve Bank presidents, the FOMC meets at least eight times a year to decide the federal funds rate based on prevailing economic ...

Jerome Powell was quickly thrust into the partisan turmoil surrounding Trump's executive orders and the efforts of Elon Musk.

Federal Reserve policymakers noted the potential for higher tariffs to contribute to inflation remaining above the central bank's 2% target rate in the minutes from their last meeting. Americans ...