The Latest Breaking News from the Federal Reserve

A string of encouraging reports is raising hope about the economy — but worries of a possible recession have not gone away. Here's why.

ECB also likely to hike rates; attention shifts to policy outlook for the rest of the year.

A July rate hike from the Federal Reserve has all but been promised, but what about the rest of 2023. Here's what we know so far.

Bear Stearns played a pivotal role in the Financial Crisis of 2007–2008: It was the first Wall Street institution to collapse and be “bailed out” by the U.S. government due to its risky investment practices involving subprime mortgages. In 2008, a mind-boggling amount of leverage on Bear Stearns’ ...

FedNow service means paying money between accounts just got much quicker, so long as your bank is a partner.

The Federal Reserve debuted a new payments system designed to speed up the movement of money among banks around the U.S., the central bank’s first new network in decades.

A new note from the Federal Reserve shows that the credit rejection rate jumped to 21.8%.

The average long-term U.S. mortgage rate slipped this week to the lowest level in four weeks, a boost for house hunters facing a market held back by persistently high prices and a near-historic low number of homes for sale

The median home price has risen to $413,800 – the second-highest price ever — thanks to a shortage of homes on the market and high mortgage rates. Experts say renting may be a better option.

The Federal Reserve has launched a new instant payment service that allows banks and credit unions to sign up to send real-time payments so they can offer customers a quicker way to send money between banks

FedNow, the Federal Reserve's real-time payment system works with banks and service providers to facilitate instant transactions 24 hours a day, 365 days a year.