Never knew I needed this in my life till now, but behold the three most based and most recent Fed chairs: pic.twitter.com/vw3pOoPCbF— Trevor Chow (@tmychow) March 10, 2021

The story of the day the Federal Reserve got its independence and the fight — an actual physical fight — to keep it. | Subscribe to our weekly newsletter here.

Central bankers have said they aren’t worried about a pop in longer-term bond yields. If they do become concerned, they have some options.

Shares on Wall Street ended higher on Wednesday, as a selloff in technology-related stocks eased and a rotation into cyclical shares continued after Federal Reserve Chair Jerome Powell's comments calmed inflation worries.

Economist and Michigan State University professor Lisa Cook has the backing of several key White House officials and allies outside the administration as a possible choice for President Joe Biden in filling a vacancy on the Federal Reserve Board of Governors, according to people familiar with the…

Some important actions the Fed has taken include lowering the policy rate to near zero, increasing its purchases of Treasuries and mortgage-backed securities to stabilize those markets, and introducing emergency lending programs.

Federal Reserve Chair Jerome Powell has frequently urged lawmakers, using increasingly strong language, to pass more fiscal stimulus.

The Federal Reserve said Wednesday that it will keep buying government bonds until the economy makes “substantial” progress

The Federal Reserve’s policymakers face an unusual conundrum as they meet this week

The wall of money flowing into banks has no precedent in history: in April alone, deposits grew by $865 billion, more than the previous record for an entire year.

As chairman of the Federal Reserve during the pandemic, Jerome Powell has managed to do something almost unimaginable in Washington: a good job.

Worries of a K-shaped recovery are growing in the alphabet-obsessed economics profession. That would entail continued growth, but split sharply between industries and economic groups.

The Jackson Hole Symposium has provided public transparency since the first session in 1978. Representatives from the news media have been in the room with full access to the program and participants, and a transcript of the symposium papers and discussion is published online along with an attendee list. In addition, an e-book titled, “In Late August” tells the history of the Symposium. The Economic Symposium’s complete archive is available at kansascityfed.org.

Post-financial crisis, interest on reserves became the primary tool for adjusting the fed funds rate. And the ON RRP rate is now a supplementary tool that acts as a “floor.”