The Federal Reserve has three main objectives: maximize employment, stabilize prices, and moderate long-term interest rates. Learn how the Fed’s role has expanded since it was established in 1913.

The central bank has halted hiring to align with a White House directive and pulled back its work on climate change.

Welcome to Investopedia's live blog of the Federal Reserve's January meeting. Here, we will bring you the latest news on the Fed's decision, explain what it means, and provide analysis.

Owen then refined the number of regional banks to 12 and made additional tweaks to the board’s regulatory structure; this was the bill that would ultimately become the Federal Reserve Act.

Federal Reserve Chair Jerome Powell has over the ... Its dual mandate was also established by Congress, as well as its structure of staggered appointments for Fed officials, designed to make ...