The Federal Reserve kept its key interest rate unchanged Wednesday, brushing off President Donald Trump's demands to lower borrowing costs, and said that the risks of higher unemployment and higher ...

The Federal Reserve cut its key interest rate Thursday by a quarter-point in response to the steady decline in the once-high inflation that had angered Americans and helped drive Donald Trump's ...

The Reserve Banks are the operating arms of the Federal Reserve System and function within their own geographical Districts. The Fed identifies its Districts by number and the city in which each ...

MARION, Va. (WCYB) — The President of the Federal Reserve Bank of Richmond visited Marion as part of a tour to assess business conditions across the Commonwealth. Tom Barkin toured downtown ...

The Federal Reserve Bank of New York and the Bank for International Settlements (BIS) released a joint research study that explored if and how central banks could continue to “implement monetary ...

In January 2023, Myers was named chairman and chief executive officer of Fulton Financial Corp., the parent company of Fulton Bank. As of March 31, Fulton’s total assets were $32.1 billion, up ...

WASHINGTON (AP) — A top Federal Reserve official said Friday that massive uncertainty created by President Donald Trump’s tariffs has caused some businesses to cut back on hiring and spending, ...

PEMBROKE — In a rare visit to Robeson County, the head of the Federal Reserve Bank of Richmond met with local business owners and community leaders to gain firsthand insight into the economic… ...

WASHINGTON – The Federal Reserve Bank of Philadelphia has chosen Anna Paulson, a top official at the Chicago Fed, to serve as its next president.. Paulson, 60, will replace Patrick Harker on ...

The Federal Reserve has terminated a more than two-decade-old enforcement action against a former employee of The Marathon Bank in Winchester, Virginia. In a statement released Tuesday, the Fed said ...

The Federal Reserve Bank of Richmond told Virginia lawmakers Wednesday that D.C., Maryland and Virginia could see significant economic challenges in the near future amid the mass federal layoffs.