Federal Reserve Chair Jerome Powell has steered the world’s most powerful central bank during a tumultuous period for the US economy, from the pandemic to a historic bout of inflation shortly after.

Most federal employees are set to start the new year making a little more cash after President Joe Biden signed an executive order Monday. The executive order, announced Monday by the White House ...

Christmas Eve is not a designated federal holiday. Still, U.S. presidents, including Joe Biden and Donald Trump, have used the holiday to grant a day off to the country's more than 2 million ...

Continued economic strength along with inflationary policies expected from President-elect Donald Trump could mean the Federal Reserve may have to resort to rate hikes in 2025, a top economist warned.

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The Federal Reserve sets the federal funds target rate, also known as the fed funds rate, which is the interest rate at which commercial banks lend to each other overnight. Below, CNBC Select ...

Major banks and business groups sued the Federal Reserve on Tuesday, alleging the U.S. central bank's annual "stress tests" of Wall Street firms violate the law. Big banks, business groups sue US ...

US jobs data lead a quiet macro week, but markets are still reeling from last week’s hawkish Fed meeting. Those looking to gain long-term BTC exposure get their first buy-in opportunity in two ...

The pat of future Fed... Dollar bounces after sharp loss; euro retreats on Lagarde comment By Investing.com - Dec 23, 2024 Investing.com - The US dollar edged higher Monday, rebounding after the sharp ...