The Federal Reserve said all major banks passed this year’s stress tests, showing they can withstand a hypothetical severe ...

All the major banks passed the Federal Reserve's annual “stress tests" of the financial system, the central bank said Friday, but the test conducted by the central bank was notably less vigorous ...

The Federal Reserve said all major banks passed this year’s stress tests, showing they can withstand a hypothetical severe economic downturn. The tests, announced Friday, were less rigorous than ...

Neel Kashkari will be delivering brief remarks and answering questions at a town hall–style event hosted by the Montana ...

Changes to the Fed rate directly affect the rates lenders charge for most loans, while other Federal Reserve policies can encourage banks to accept or reject more loan applications. Here's what to ...

All this, however, obscures a huge question: Does our central bank know what it’s doing when it comes to inflation? The answer is, no. The Federal Reserve is doing more harm than good.

President Trump is laying the groundwork to replace Federal Reserve Chair Jerome Powell as soon as he can. With less than a ...

Federal Reserve Chair Jerome Powell on Tuesday stuck to his position that the central bank will keep its key rate on hold while it waits to see how President Donald Trump's tariffs effect the ...

Banks usually calculate the prime rate by adding 3 percentage points to the federal funds rate. The current Fed target rate is 4.25% to 4.5%, meaning the prime rate is 7.5%.

The central bank on Wednesday said it will maintain the federal funds rate at its current range of 4.25% to 4.5%. The rate has remained at that level since President Trump took office in January.