This inevitably raises new concerns for all investors, but especially for retirees and others who have a lot of their money in supposedly low-risk bonds and bank deposits. Nobody knows how the bond ...

Congress created America’s central banking system with the Federal Reserve Act in 1913 and can amend the law to modify the Fed’s authority or mission. That’s as the Fed faces questions about its ...

President Trump said Monday he has fired Lisa Cook from the Federal Reserve's Board of Governors. Her attorney countered that ...

The Federal Reserve on Wednesday announced that it will leave its benchmark interest rate unchanged, as policymakers decided to hold rates steady amid elevated economic uncertainty as they continue to ...

Washington — Federal Reserve governor Adriana Kugler will step down early from her post on the central bank's board, the Fed announced Friday, creating an open position for President Trump to fill.