President Woodrow Wilson signed the Owen-Glass Act, creating the Federal Reserve System, an independent agency of the U.S. Government. Before Federal Reserve began its operation in November 1914, ...

The Federal Reserve System — also known as the Federal Reserve ... For more details, skip down to “The Fed’s origins and structure” section. Manages U.S. monetary policy, which refers ...

Key Takeaways Federal Reserve Chair Jerome Powell rebuffed the suggestion that the Federal Reserves could become more ...

The Fed’s policymaking structure includes 12 regional bank presidents who are selected independently by the boards of their ...

The Federal Reserve today made its final interest rate decision of 2024, capping a year during which the central bank ...

The Federal Reserve on Wednesday moved to lower its benchmark rate by 0.25 percentage points, but said it plans fewer cuts in 2025.

Over time, the roles and responsibilities of the Federal Reserve System have expanded and its structure has evolved.