U.S. Treasury Secretary Scott Bessent said on Tuesday he believes the Federal Reserve could lower interest rates by September ...

The Fed continues quantitative tightening, shrinking its securities portfolio by $2.1 trillion since March 2022, but excess ...

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

“The board just sits there and watches, so they are equally to blame,” Trump said. The attack on the board ratchets up ...

Powell said when it comes to taking the interest on reserve power away, "there's an illusion that it would save money. That ...

The Fed chair will speak Tuesday morning at the European Central Bank’s Forum on Central Banking in Sintra, Portugal.

The central bank is planning to reduce a capital buffer for the country’s largest banks, which critics warn will make the ...

The Federal Reserve unveiled a proposal on Wednesday that would overhaul how much capital large global banks must hold ...

The Fed's interest on reserves tool, now set at 4.4%, binds the top end of the federal funds rate, while the reverse repo ...

The proposal would be a major win for the banking industry that has been pushing for regulators to reduce the amount of cash ...

Anna Paulson will become president of the Federal Reserve Bank of Philadelphia on July 1. She replaces Pat Harker.