Federal Reserve keeps interest rates unchanged
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The Federal Reserve kept interest rates unchanged even as it's facing mounting pressure from President Trump to be lowered. Here's a look at what's ahead for the central bank in 2026.
The Fed doesn’t just set interest rates. It needs to be able regulate banks independently too, to make sure the financial system keeps running in good and bad economic times.
The Federal Reserve is on track to post its first systemwide profit since the fourth quarter of 2022. Since September, 2022, the combined expenses of the 12 Federal Reserve district banks and the Federal Reserve Board of Governors (BOG) have exceeded the ...
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Federal Reserve Chair Powell says DOJ has subpoenaed central bank
Federal Reserve Chair Jerome Powellsaid Sunday the Department of Justice has served the central bank with subpoenas and threatened it with a criminal indictment over his testimony this summer about the Fed's building renovations.
"The Department of Justice served the Federal Reserve with grand jury subpoenas," Federal Reserve Chair Jerome Powell said on Jan. 11.
Supreme Court appeared ready to deal Trump a major setback as justices showed strong support for keeping Federal Reserve Governor Lisa Cook in her position.
Federal Reserve regulations are rules put in place by the Federal Reserve Board to regulate the practices of the banking sector and reduce systemic risk.