Below, CNBC Select explains how and why the Federal Reserve sets this rate, and how it affects the economy, as well as your own money. Federal regulations require financial institutions to keep a ...

Trump dust-ups, but on the bigger economic news lurking on the bank’s balance sheet.

Last spring and summer, The Fulcrum published a 30-part series on Project 2025. Now that Donald Trump's second term The Fulcrum has started Part 2 of the series has commenced. Project 2025, the ...

The federal funds rate is one ... This means their reserve requirements are also constantly changing. Banks often need to borrow money from other financial institutions overnight to meet ...

The Federal Reserve took a wait-and-see approach to an uncertain US economy Wednesday, opting to leave interest rates unchanged at the close of its March meeting. That decision leaves the ...

The Federal Reserve and its chair, Jerome Powell, are potentially headed to a tough spot as it prepares to meet Tuesday and ...

The Federal Reserve kept its benchmark interest rate unchanged Wednesday and signaled that it still expects to cut rates ...

The Commerce Department released the February personal consumption expenditures (PCE) index, which showed that inflation remains above the Federal Reserve's 2% goal. As tariffs work their way into ...