Elevate your Bankrate experience
Get insider access to our best financial tools and content
Find the latest news and commentary on the Federal Reserve, meeting notes and board members. Learn more about how the Federal Reserve impacts your money.
The Fed’s actions have a great deal of influence on your money.
With all the talk around economic stimulus, here’s how it works and why it’s used.
The Fed’s interest rate decisions are made by a powerful voting body.
Fed officials care about more than just economic data.
8 min read
7 min read
3 min read
5 min read
7 min read
4 min read
The coronavirus pandemic has suffocated the longest expansion on record.
Joblessness has surged to catastrophic levels not seen for nearly a century.
One of the Fed’s greatest fears is a slow and grueling economic recovery.
It’s not as if the Fed goes out and contacts every U.S. lender.
The coronavirus pandemic has brought the U.S. economy to its knees.
The repo market has demanded Fed action for more than seven months now.
Its decisions impact your wallet arguably more than any other policymaker in Washington, D.C.
Consumers get more access to their savings at a time when they may urgently need it.
It could take years for growth and unemployment to return to where they were before the pandemic.
From relief checks to unemployment insurance, here’s what could impact your wallet.