Federal Reserve System
Federal · District of Columbia, United States · 1K - 5K Employees
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Overview
Headquarters
20th Street And Constitution Ave NW, Was...Phone Number
(202) 452-3000Website
www.federalreserve.govRevenue
$1.2 BillionIndustry
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Federal Reserve System News & Media
A Divided Fed Holds Rates Steady, Raises Doubts About Inflation Fight
The Federal Reserve held its benchmark interest rate steady on Wednesday, but three Fed presidents dissented, highlighting the pressure building on the central bank to confront stubbornly elevated inflation. The Federal Open Market Committee voted 9-3 to maintain the federal funds target rate in a range between 3.5% and 3.75%. All three dissenters — regional Fed Presidents Beth Hammack, Neel Kashkari and Lorie Logan — called for a quarter-point increase. It was the fifth meetingFed holds interest rates steady, but 3 officials vote for hike
Fed officials are leaving their benchmark rate unchanged for a fifth straight meeting, a sign they expect inflation to ease.Fed’s Warsh drops fresh clues on interest-rate path, inflation
Kevin Warsh threw down a few red cards during his first meetings with Congress as Federal Reserve Chairman, especially during often-spicy grilling by Senate Democrats over ethics, independence, and artificial intelligence. However, he did strike a hint of forward guidance to investors and consumers ...'We are committed to the 2% inflation goal,' Warsh tells House lawmakers
Federal Reserve Chairman Kevin Warsh is set to testify before Congress later today and will double down on his pledge to squelch inflation, according to his opening statement, provided in advance.
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Frequently Asked Questions Regarding Federal Reserve System
The Federal Reserve System is the central banking system of the United States of America that conducts monetary policy to support a healthy economy. The Federal Reserve is based in Washington D.C.... Read More
