The Federal Reserve System, commonly known as the Fed, is the central bank of the U.S., which regulates the U.S. monetary and financial system.

The 12 Reserve Banks work independently with oversight from the Board of Governors in Washington, DC. The Reserve Banks are the operating arms of the Federal Reserve System and function within ...

The Federal Reserve is the central bank of the United States. ... In 1913, Congress created the Federal Reserve Act, which established the Federal Reserve system as we know it.

The Federal Reserve affects you in more ways than you might think. From interest rates to the employment rate, here are all the ways the Fed affects daily life.

The Federal Reserve launched a new instant payment system, FedNow, on July 20. It promises to open the world of instantaneous money transfers, at any hour of any day, to the masses — at least in ...

One hundred years ago today President Wilson signed the Federal Reserve Act, thus creating the Federal Reserve System, our central bank. It wasn’t called the Bank of the United States, following ...

The Federal Reserve system plans to reduce its staff count by 10% over the coming years, primarily through attrition, its leader told employees in an internal memo Friday. Why it matters: The Fed ...

Trump administration officials, already agitated by the board’s monetary policy, are calling for Fed Chairman Powell’s ...