As Financial Literacy Month continues, CBS News business analyst Jill Schlesinger breaks down what the Federal Reserve does ...

Yes, banks are open on Easter Monday, as the Federal Reserve doesn't list Easter Monday as one of its recognized holidays.

A top Federal Reserve official warned new tariffs might slow the economy, and suggested rising unemployment—not higher ...

Donald Trump kept up his verbal assault on Federal Reserve chair Jerome Powell on Monday, over the US central bank’s refusal ...

Chair of the Board of Governors of the Federal Reserve System Jerome Powell speaks during an event hosted by the Economic Club of Chicago, Wednesday, April 16, 2025, in Chicago. (AP Photo/Erin ...

"Letting inflation gather steam today, by arbitrariyl holding down rates, would be a different story. This would be a message ...

open image in gallery Federal Reserve Chairman Jerome Powell has remained firm in his decision to remain in charge of the independent central banking system (Getty Images) “The ECB is expected ...

The Federal Reserve is the central bank of the United States and the anchor of the country's financial system and economic health. It’s governed by a federal Board of Governors appointed by the ...

As each of his predecessors has done, Powell holds three roles - chair of the Federal Reserve System, member of the Board of Governors and chair of the Fed's interest-rate-setting Federal Open ...

President Trump reverses stance on Jerome Powell, stating no intention to fire him after market concerns. Wall Street reacts ...

The next observed holiday for the Federal Reserve system will be Memorial Day, scheduled for May 26 this year. Yes, the stock market reopens on Easter Monday after it was closed for trading in ...