WASHINGTON (AP) — The Federal Reserve’s top financial regulator said Monday that he would resign next month, avoiding a potential confrontation with the incoming Trump administration and ...

Fed chair Jerome Powell said he has not talked with Trump since the president demanded last week “interest rates drop ...

When the Federal Reserve was created in 1913, the U.S. Congress established three primary objectives for its central bank: maximize employment, stabilize prices, and manage long-term interest rates.

President Trump has said he will "demand" lower interest rates, raising questions about his ability to influence the Federal Reserve.

The U.S. Federal Reserve announced on Friday it had withdrawn from a global body of central banks and regulators devoted to ...

Bank industry groups file lawsuit against the U.S. Federal Reserve’s stress-test scenarios may be unrealistic Last Updated: Dec. 24, 2024 at 4:45 p.m. ET First Published: Dec. 24, 2024 at 10:58 ...

The gold in deep storage is held as an asset of the United States at a book value of $42.22 per troy ounce. The book value has been a constant $42 2/9, or $42.2222, per fine troy ounce since 1973, ...