All the major banks passed the Federal Reserve's annual “stress tests" of the financial system, the central bank said Friday, ...

The Federal Reserve affects you in more ways than you might think. From interest rates to the employment rate, here are all the ways the Fed affects daily life.

The Federal Reserve Bank oversees the banking system, so its leaders face questions as they meet in Washington this week. INSKEEP: NPR's Scott Horsley will be listening to them, as he often does ...

The Federal Reserve suffered a widespread disruption in multiple payment services Wednesday, including a system that banks and businesses rely on to zip trillions of dollars around the financial ...

Federal Reserve Vice Chair Lael Brainard said Monday she expects the agency's new real-time payments system FedNow to go live between May and July 2023.

The Federal Reserve's system that allows wire money transfers crashed with intermittent disruptions for about two hours on Wednesday. The outage impacted customers, which include banks, brokers ...

O n May 4, 2022, the Federal Reserve announced a plan to reduce the size of its balance sheet. $9 trillion large, and ten times bigger than it was before the 2008 financial crisis, the Fed’s ...

The Federal Reserve launched a new instant payment system, FedNow, on July 20. It promises to open the world of instantaneous money transfers, at any hour of any day, to the masses — at least in ...

One hundred years ago today President Wilson signed the Federal Reserve Act, thus creating the Federal Reserve System, our central bank. It wasn’t called the Bank of the United States, following ...

Banks are turning to the Federal Reserve’s loan programs to access funding as turmoil sweeps the financial system in the wake several high-profile bank failures.

The Federal Reserve is the central bank of the United States. ... In 1913, Congress created the Federal Reserve Act, which established the Federal Reserve system as we know it.

The 12 Reserve Banks work independently with oversight from the Board of Governors in Washington, DC. The Reserve Banks are the operating arms of the Federal Reserve System and function within their ...