The Federal Reserve is widely expected to hold its key interest rate steady on Wednesday as officials wait for more data that indicates inflation is cooling.

The Fed is unlikely to cut interest rates again when it meets next week, delaying any relief from high borrowing costs.

WARSAW— Lake City Bank has announced that Kristin L. Pruitt, president of Lake City Bank, has been elected to the Federal Reserve Bank of Chicago Board of Directors for a three-year term from 2025 to ...

The central bank said it had decided to leave the network after the group’s work “increasingly broadened in scope.” ...

The U.S. Federal Reserve announced on Friday it had withdrawn from a global body of central banks and regulators devoted to ...

The Federal Reserve announced that it has withdrawn from the Network of Central Banks and Supervisors for Greening the ...

The Federal Reserve said Friday that it is leaving an international grouping of central banks that focused on how the financial system could help combat climate change.

The Federal Reserve Bank of New York works to promote sound and well-functioning financial systems and markets through its provision of industry and payment services, advancement of infrastructure ...

Ben Bernanke’s contributions to economic thinking have been vast, from his extensive study of the Great Depression to groundbreaking research on the interplay of finance and the macroeconomy and the ...

The Biden administration succeeded in blocking a plea deal for Khalid Sheikh Mohammed on Thursday after a federal court issued an administrative stay of a hearing set for Friday. The alleged 9/11 ...

The Federal Reserve ... bank has struggled to continue to make progress in recent months. Core PCE was slightly higher in May 2024 than it is now. “The main takeaway from today’s Fed meeting ...

US Federal Reserve officials ... Minutes from the meeting, released after the typical three-week lag, also showed clear division among the Fed’s 19 policymakers. Some officials expressed support for ...