The Federal Reserve is on track to post its first systemwide profit since the fourth quarter of 2022. Since September, 2022, the combined expenses of the 12 Federal Reserve district banks and the Fede

The Federal Reserve is asking the public to weigh in on the future of its check-processing operations, signaling that significant cutbacks may be on the table as the use of paper checks in the United States continues to decline.

In the QE era, the Fed relies on two administered rates - Interest on Reserve Balances (IORB) and Overnight Reverse Repo (ON RRP) rate - to control overnight interest rates in the market. This is the so-called " floor system ."

The Federal Reserve has likely come across your radar at some point. Often referred to as simply "the Fed," this central banking system of the United States typically meets eight times a year to make interest rate–related decisions, which often result in ...

The Federal Reserve is ready to expand its balance sheet once more by buying short-term Treasury securities, aiming to head off bouts of pressure in overnight lending markets that are critical to the broader financial system.

The Federal Open Market Committee lowered the federal funds rate by 25bps to 3.5–3.75%, and signaled a shift in monetary policy to one of quantitative easing. Quantitative tightening ended December 1, 2025, after more than three years, with the Fed now supporting reserve growth via short-term Treasury purchases.

Anna Paulson is the new president of the Federal Reserve Bank of Philadelphia. (Courtesy of the Federal Reserve Bank of Philadelphia ) From Philly and the Pa. suburbs to South Jersey and Delaware, what would you like WHYY News to cover? Let us know!

This initiative underscores the commitment to including perspectives from agriculture and rural areas in discussions on the national economy.