In a shutdown, the federal government stops all “non-essential” functions. Historically, that has led to the furloughing of hundreds of thousands of federal workers and the closure of many government ...

A day ahead of what is expected to be very volatile conditions in money markets, a top Federal Reserve Bank of New York official said on Monday that markets are still flush with liquidity, central ...

The Worcester Democrat insists that an extension of Affordable Care Act subsidies must be part of any deal to extend funding ...

A central bank manages a country’s monetary system: clearing transactions and maintaining the money supply so that the ...

Fed watchers regard the benchmark, which the central bank has relied on since the 1980s, as a tool for managing the flow of credit to the economy. However, the real controlling valve now is a set of ...

Federal Reserve Bank of Dallas President Lorie Logan said on Thursday the time has come for the central bank to modernize how ...

Citadel’s Ken Griffin said he expects the Federal Reserve to cut its benchmark rate once more in 2025 as the central bank turns its focus to the labor market.

Beth Hammack describes persistent economic challenges for working families across Ohio region while expressing caution about easing monetary restrictions too quickly.

Officials at the Federal Reserve, including Chair Jerome Powell, are keeping their options open as they deal with an economy ...

Three Federal Reserve officials spoke favorably of the idea of a range for the US central bank’s inflation target, rather ...

In a historic reversal, 2025 marks the first time in decades that central banks hold more reserves in gold than in U.S.