Congress amended the Federal Reserve Act in 1977 to include additional reforms, such as requiring the Fed chair to report to Congress twice a year to testify on the central bank’s activity.

Here’s a look at the president’s role in interest rate decisions, and what it means for your bank account when the powers that be choose to raise or lower rates. The Federal Reserve doesn’t ...

Federal authorities have arrested a former Federal Reserve senior adviser for allegedly giving inside economic information to ...

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

The offer is available for anyone who purchases either Post Office Life Insurance or Post Office Over 50s Life Cover, who ...

A former senior adviser to the U.S. Federal Reserve, John Harold Rogers, was arrested on charges he conspired to steal Fed trade secrets for the benefit of China, the Justice Department announced on ...

This means not letting prices rise or fall too quickly,” the Federal Reserve Bank of Cleveland says on its website. When inflation is running high, the Fed typically raises interest rates to ...

Investopedia / Joules Garcia Welcome to Investopedia's live blog of the Federal Reserve's January meeting ... of the Committee's goals," the central bank committee said in a statement.

U.S. Federal Reserve cuts interest rates again The Fed typically keeps interest rates high to slow borrowing and spending and cool inflation. Powell said in December that the central bank has ...

If you're a big Blue Peter fan it's time to apply for your Purple Fan Club badge! Applications close on 31st March 2025, so it's your last chance to get your hands on one. Find out how to apply ...