As Financial Literacy Month continues, CBS News business analyst Jill Schlesinger breaks down what the Federal Reserve does ...

A top Federal Reserve official warned new tariffs might slow the economy, and suggested rising unemployment—not higher ...

Yes, banks are open on Easter Monday, as the Federal Reserve doesn't list Easter Monday as one of its recognized holidays.

The Federal Reserve will now treat crypto like any other banking service, instead of approaching the industry with particular ...

Like each of his predecessors, Powell holds three roles – chair of the Federal Reserve System, member of the Board of ...

President Donald Trump said Wednesday that Federal Reserve Chair Jerome Powell has kept interest rates too high and that he ...

President Trump said he isn't planning on firing Federal Reserve chair Jerome Powell, one day after calling Powell a "major ...

The Federal Reserve is the central bank of the United States and the anchor of the country's financial system and economic health. It’s governed by a federal Board of Governors appointed by the ...

"Letting inflation gather steam today, by arbitrariyl holding down rates, would be a different story. This would be a message ...

open image in gallery Federal Reserve Chairman Jerome Powell has remained firm in his decision to remain in charge of the independent central banking system (Getty Images) “The ECB is expected ...

Millions in customer funds still can’t be accounted for since the failure of the Silicon Valley startup.

President Donald Trump said Tuesday he has no plans to fire Federal Reserve Chair Jerome Powell, just days after his ...