The Federal Reserve, the central bank of the United States, provides the nation with a safe, flexible, and stable monetary ...

Consumer credit increased at a seasonally adjusted annual rate of 4.2 percent during the third quarter. Revolving credit increased at an annual rate of 4.1 percent, while nonrevolving credit increased ...

The Federal Reserve, the central bank of the United States, provides the nation with a safe, flexible, and stable monetary and financial system.

Each year, the Board of Governors of the Federal Reserve System (the Board) hires a new cohort of Research Assistants (RAs) who gain real-world experience by working alongside PhD economists to assist ...

Thank you for the opportunity to speak to you today. 1 It's wonderful to be back in Michigan and in this great city. For more than a century, Detroit has been at the center of the U.S. economy, ...

The Federal Reserve, the central bank of the United States, provides the nation with a safe, flexible, and stable monetary and financial system.

Official websites use .gov A .gov website belongs to an official government organization in the United States. Secure .gov websites use HTTPS A lock ( Locked padlock icon) or https:// means you've ...

The Federal Reserve routinely engages in discussions with domestic and international policymakers, community groups, and market participants to gauge the set of risk events that, should they occur, ...

Interest rates influence borrowing costs and spending decisions of households and businesses. Lower interest rates, for example, often encourage more people to obtain a mortgage for a home or to ...

The share of adults doing okay financially or living comfortably held steady in 2025, though several demographic groups, including low-income, young, and Black adults, reported meaningful declines. 2 ...

Inflation is the increase in the prices of goods and services over time. Inflation cannot be measured by an increase in the cost of one product or service, or even several products or services. Rather ...

Industrial production (IP) increased 0.7 percent in September after edging up 0.1 percent in August. In the third quarter, IP increased at an annual rate of 2.8 percent. Manufacturing output rose 0.3 ...