The bank is responsible for the seventh district, whose territory includes Iowa and parts of the states of Indiana, Illinois, Wisconsin and Michigan. The Federal Reserve Bank of Chicago comprises ...

Agricultural economic conditions varied by districts while trade policy uncertainties remain across the Corn Belt.

The Federal Reserve's "job is to be the steady hand, not respond to the daily gyrations either of the stock market or of ...

Former President Trump has repeatedly criticized Federal Reserve Chair Jerome Powell, particularly regarding interest rates. Chicago Fed President Austan Goolsbee defended the Fed's independence ...

Manuel Martinez/WBEZ Share Federal Reserve Chairman Jerome Powell told a Chicago audience of business ... Dave McKinney covers Illinois government and politics for WBEZ and was the longtime ...

The Federal Reserve held interest rates steady on Wednesday, just weeks after President Donald Trump intensified calls for lower borrowing costs and voiced eagerness about the potential "termination" ...

The Federal Reserve will likely keep its key short-term interest rate unchanged on Wednesday, despite weeks of harsh criticism and demands from President Donald Trump that the Fed reduce borrowing ...

Detroit — Austan Goolsbee, CEO of the Federal Reserve Bank of Chicago, said Thursday if economic conditions persist as they have, he expects continued federal fund rate decreases over the next ...