The U.S. Federal Reserve System is the nation’s central bank, which is run by the Board of Governors and 12 regional banks. It was created on December 23, 1913, following a series of financial panics.

The Federal Reserve is on track to post its first systemwide profit since the fourth quarter of 2022. Since September, 2022, the combined expenses of the 12 Federal Reserve district banks and the ...

The Federal Reserve System quiz with answer: Think of the U.S. economy as a massive ship. Who’s steering it and deciding how fast it goes? That job belongs to the Federal Reserve System, often simply ...

B added, repo/RRP volatility, deposit swings, and inflation risks amid politics. Read more macro analysis here.

The new year will bring big changes at the Federal Reserve, with major implications for borrowing costs, the housing market, and the overall economy. In addition to major upcoming personnel changes, ...

Obverse Image: Portrait of Benjamin Franklin along with an inkwell and quil. Obverse Text: FEDERAL RESERVE NOTE / UNITED STATES RESERVE SYSTEM / SECRETARY OF THE TREASURY / TREASURER OF THE UNITED ...

The top economist at J.P. Morgan believes the Federal Reserve is done cutting interest rates and will hold policy steady ...