How old is the central bank? Who controls it? Here’s a look at the Federal Reserve, which has survived more than 100 years in ...

In an era of significant economic challenges and rapid financial evolution, the Federal Reserve System (Fed) stands as a pivotal force shaping the U.S. economy and global markets. As inflation ...

In 1913, Congress created the Federal Reserve Act, which established the Federal Reserve system as we know it. President Woodrow Wilson signed the act into law on December 23, 1913. When the Fed ...

The Federal Reserve has cut its benchmark interest rate from its 23-year high, with consequences for debt, savings, auto ...

The Fed announced a 50 basis point rate cut on Sept. 18, 2024, bigger than expected. See what it means for your finances and ...

Having all but tamed inflation, the Federal Reserve is poised to do something Wednesday it hasn’t done in more than four ...

The facts never speak for themselves ... was caused primarily by the failure of the Federal Reserve System, to follow the course of action for which it was set up. It was set up to prevent ...

Donald Trump howls that the interest rate cut was political. No, says the former chair of the Council of Economic Advisers. It’s what the economy needs. The Latest Will you be better or worse ...

The U.S. has the highest rate of elder poverty of any of our peer advanced-Western countries. By international standards, one ...

A lack of inventory had been a notable headwind, with many would-be sellers unwilling to put their homes on the market and ...

Social Security Administration. "Monthly Statistical Snapshot." Board of Governors of the Federal Reserve System. "Survey of Consumer Finances (SCF)." Pension Rights Center. “Income From ...

Under DiNapoli's new pension contribution rates, the average government employer in the employees retirement system would pay ...