Eight times a year, a group of 19 bankers, finance experts and economists gather for a two-day confab in an elegant cream- and-gold boardroom about a mile from the White House. After they're done ...

If you've been paying attention to chatter about interest rates in recent years, you've probably come across the term "federal funds rate" — or just "fed funds rate" for short. But what exactly is the ...

Monetary policy doesn’t just happen by magic. Instead, Fed employees in New York are carrying it out through open market operations. When we talk about how the Federal Reserve works, we sometimes talk ...

• The Federal Reserve held interest rates steady Wednesday as expected, but two governors dissented, preferring a quarter-point cut. • It’s the first time since July that the central bank has chosen ...

Today, President Donald J. Trump announced his nomination of Kevin Warsh to serve as Chairman of the Board of Governors of the Federal Reserve System. Mr. Warsh is exceptionally well-prepared to lead ...

• After one of the most unpredictable meetings in years, the Federal Reserve left its key interest rate unchanged Wednesday. • That uncertainty ahead of the outcome was reflected in what Fed Chairman ...