The Federal Reserve System (FRS) is the central bank of the United States ... Cleveland, Richmond, Atlanta, Chicago, St. Louis, Minneapolis, Kansas City, Dallas, and San Francisco. The monetary policy ...

The labor market appears to have stalled this summer, according to the significantly weaker than expected jobs report.

Chicago financial executives said the Fed's independence is paramount as the central bank considers this week whether to cut ...

Trump tried to fire Cook in August following allegations leveled by the president’s housing finance director, Bill Pulte, ...

The Federal Reserve cut its key interest rate by a quarter-point Wednesday and projected it would do so twice more this year ...

Chicago Federal Reserve Bank President Austan Goolsbee said Friday he's undecided on whether to back an interest-rate cut ...

The Federal Reserve on Wednesday cut interest rates for the first time in 2025, but further reductions remain uncertain. Strong labor market data and economic resilience suggest additional cuts are ...

The move is the central bank's first rate cut since December, as concern grows over the health of the country's labor market.

With the Federal Reserve widely expected Wednesday to reduce its key interest rate by a quarter-point to about 4.1%, ...

The move is the Fed’s first cut since December and it lowered its short-term rate to about 4.1%, down from 4.3%. Fed ...

"The labor market is really cooling off," said Fed Chair Jerome Powell, who's been under unprecedented pressure to slash ...