FILE - In this Jan. 30, 2019, file photo, Federal Reserve Chairman Jerome Powell waits for a question from a reporter at a news conference in Washington. Latest news, headlines, analysis, photos and videos on Federal Government The Federal Reserve Board of Governors in Washington DC. Find the latest U.S. news stories, photos, and videos on NBCNews.com. Fed lowers US interest rate for third time this year. Board of Governors of the Federal Reserve System. Americas. Central bankers were widely expected to cut rates to … According to him, one of the most amusing comments the Federal Reserve Chair Jerome Powell made during his last week’s post-meeting news conference was saying that the Fed had to fight low inflation because it could lead to interest rates being too low. Government Executive is the leading source for news, information and analysis about the operations of the executive branch of the federal government. The Fed's board of governors had been set to meet this week and report on the results of its meeting on Wednesday. Information resource for federal and military employees and retirees, helping you get the most out of your government career and retirement. Fed sees rates near zero through 2023, perhaps longer With the economy still struggling to recover from the pandemic recession, Federal Reserve policymakers signaled Wednesday that … The latest breaking news, ... Paul Volcker: US Federal Reserve chief and financial decision-maker. Learn how the Federal Reserve affects your wallet through CNNMoney's in-depth coverage on the Fed's Beige Book, interest rate news and breaking news. “But he … US elections 2020 Federal court rejects Trump election lawsuit in Pennsylvania Trump’s legal team vows to appeal to supreme court after yet another defeat, as judge says claims ‘have no merit’ Read breaking headlines covering politics, economics, pop culture, and more. The Federal Reserve, the central bank of the United States, provides the nation with a safe, flexible, and stable monetary and financial system.