The Federal Reserve is the U.S. central bank whose rate changes can indirectly affect your bank’s savings and loan rates. Many, or all, of the products featured on this page are from our ...

The Federal Reserve has three main objectives: maximize employment, stabilize prices, and moderate long-term interest rates. Learn how the Fed’s role has expanded since it was established in 1913.

The Federal Reserve has reduced its benchmark interest rate by 1% since September 2024, aiming to give the U.S. economy breathing room after earlier aggressive hikes. Yet, the yield on the 10-year ...

The Federal Reserve launched a new instant payment system, FedNow ... to transfer money instantly among themselves," Tory Newmyer explained at The Washington Post. Right now, consumers can ...