The Fed's independence allows it to pursue its dual mandate — to keep inflation low and the labor market at full employment ... of the Federal Reserve Bank of New York.

Chairman Jerome Powell said the central bank is in wait-and-see mode amid mostly positive U.S. economic conditions.

Graduating college no longer gives students a leg up in the workforce. They need real world experience, too. Now, colleges ...

Jeenah Moon for The New York Times Richard Clarida, the former vice chair of the Fed who was involved in formulating the central bank’s response ... the life of the Federal Reserve more ...

Consumers and traders are waiting to learn if the Fed’s pause is a one-meeting hold or the start of a longer stretch.

The Fed held interest rates steady and gave little insight into when further reductions in borrowing costs may take place.

After three cuts at the end of last year, Federal Reserve officials paused rate ... at its first meeting of 2025 as the central bank embarked on a new phase of policy-setting after a series ...

Layoffs and unemployment rates are low, but job seekers across the country are struggling to find work as companies pull back ...

The new voters on the Federal Reserve’s policy committee in 2025 are an official seen as one of the system’s most dovish, as ...

Lake Shore Bancorp, Inc., the holding company for Lake Shore Savings Bank (the “Bank”), announced this week that the Board of Directors declared a cash dividend of 18 cents per share on its ...

Fed Chair Jerome Powell said “we do not need to be in a hurry to adjust our policy stance” and monetary policy is “well ...

the president of the Federal Reserve Bank of New York, and four members who rotate yearly among the 11 other regional banks in the Federal Reserve system. (New York has a privileged spot because ...