federal reserve

Capital One wants to link up with the Internet Bank ING Direct USA in a $9 billion deal, but it has to get approval from the Federal Reserve.

The recovery remains "frustrating slow" in the United States, and now Europe's debt crisis is posing additional challenges, Federal Reserve Chairman Ben Bernanke told Congress Thursday.

Some might say that the Federal Reserve is wisely taking a smart, wait-and-see approach regarding the economy.

I am not one of those people.

Ben Bernanke will step back into the classroom this semester to teach college students about the Federal Reserve.

In an effort to be more transparent with the public, the Federal Reserve gave more insight to its planning tools Wednesday than ever before.

The economy is improving, the Federal Reserve said Wednesday, but not enough to warrant higher interest rates for at least two-and-a-half more years.

The central bank indicated that it expects to keep the federal funds rate near historic lows until late 2014 -- an extension from the Fed's original pledge to keep rates low through mid 2013.

It's a new year. And that means a new, and probably less divided, Fed.

The minutes of Alan Greenspan's last meeting as chairman of the Federal Reserve were released today.

It reveals some praising words from then-president of the New York Federal Reserve, Timothy Geithner.

That's instead of the usual 'for the foreseeable future' thing they usually do. The Fed is striving to be more open in its communication.

The Federal Reserve is about to give even more detailed forecasts about where it expects its key interest rate to be years from now.