Richard Sharrocks / Getty Images In 1913, the Federal Reserve Act established the Federal Reserve System (FRS), an independent governmental entity that would serve as a central bank to the U.S ...

As the user experience becomes fundamentally more digital, the separation of banking and commerce washes out. It all starts ...

As Oxford Economics wrote, “The latest Federal Reserve Beige Book painted a picture of an economy treading water amid increasing uncertainty around trade policy. The uncertain outlook also made the ...

Austan Goolsbee, the Chicago Fed chief, defended the central bank's independence in a Sunday morning talk-show interview.

In recent comments, some Federal Reserve officials have discussed the possibility of lowering the central bank's key interest ...

Former Federal Reserve Governor Kevin Warsh, with whom President Donald Trump is reported to have discussed firing U.S.

Federal Reserve Bank of Chicago President Austan Goolsbee warned against efforts to curtail the central bank’s independence, ...

President Donald Trump has been loudly critical of Federal Reserve Chair Jerome Powell for years now. Since January, the President has accused him of playing politics by keeping interest rates high.

The president’s fight with Fed chair Jerome Powell is about more than interest rates. It’s a grab for power over a central ...

President Donald Trump said Wednesday that Federal Reserve Chair Jerome Powell has kept interest rates too high and that he might call the central bank chief. “I haven’t called him.