Jerome Powell was quickly thrust into the partisan turmoil surrounding Trump's executive orders and the efforts of Elon Musk.

Americans’ bank accounts are safe despite the Trump administration's shutdown of a consumer financial regulatory agency, ...

Americans’ bank accounts are safe despite the Trump administration’s shutdown of a consumer financial regulatory agency, Federal Reserve Chair Jerome Powell said Tuesday. Powell, testifying before the ...

Is it possible to find savings accounts with interest rates of 4% or more? See which banks currently offer 4% interest ...

The central bank mostly does so by raising or lowering the cost of borrowing money. Savings account rates are loosely linked to the rates the Fed sets. The Federal Reserve adjusts the federal ...

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Critics also argue that the Federal Reserve Bank violates the Constitution by being too closely tied to the private sector and lacking transparency and accountability. Some people are opposed to ...

The Federal Reserve maintained interest rates last ... Featured Nationally Available Deposit Rates Open a new bank account or cash management account and earn best-in-class rates.

The odds of further interest rate cuts this year by the Federal Reserve dwindled last week as unemployment fell and more ...

The Federal Reserve chair said in testimony to the Senate Committee on Banking, Housing and Urban Affairs on Tuesday: “With ...

The average savings account now delivers an average rate of just 0.41%, according to the latest government data. That said, ...

The Federal Reserve kicked off its second Trump era right where it left off: Doing exactly what it wanted to do, ignoring President Donald Trump’s demands that it lower rates.