Recent Developments
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Michelle W. Bowman sworn in as Vice Chair for Supervision of the Board of Governors of the Federal Reserve System
Press Release - 6/9/2025 -
Michael E. Horowitz appointed Inspector General for the Federal Reserve Board and Consumer Financial Protection Bureau
Press Release - 6/6/2025 -
Federal Reserve Board begins 2025 Census of Finance Companies and Other Lenders
Press Release - 6/6/2025 -
Speech by Governor Bowman on a fresh look at supervision and regulation
Speech - 6/6/2025 -
Federal Reserve Board announces approval of application by CACEIS Bank
Press Release - 6/5/2025 -
Speech by Governor Kugler on the economic outlook and monetary policy
Speech - 6/5/2025 -
Federal Reserve Board announces termination of enforcement actions
Press Release - 6/5/2025 -
Beige Book
Recent Posting - 6/4/2025
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Economy at a Glance
Policy Rate
Fed Funds Target Range
4.25% to 4.50%
Inflation (PCE)
Unemployment Rate
Gross Domestic Product (GDP)
Upcoming Calendar
1:00 p.m.
CP - Commercial Paper
4:15 p.m.
H.10 - Foreign Exchange Rates
H.15 - Selected Interest Rates
1:00 p.m.
CP - Commercial Paper
4:15 p.m.
H.15 - Selected Interest Rates
1:00 p.m.
CP - Commercial Paper
4:15 p.m.
H.15 - Selected Interest Rates
12:00 p.m.
Z.1 - Financial Accounts of the United States
1:00 p.m.
CP - Commercial Paper
4:15 p.m.
H.15 - Selected Interest Rates
4:30 p.m.
H.4.1 - Factors Affecting Reserve Balances
1:00 p.m.
CP - Commercial Paper
4:15 p.m.
H.15 - Selected Interest Rates
Disaster Preparedness and Recovery Resources
Learn more about helpful resources for institutions and individuals who are recovering from California wildfires.
Fed Listens
An important pillar of the 2025 framework review is the ongoing Fed Listens initiative.
Funding, Credit, Liquidity, and Loan Facilities and Reporting
Learn more about the facilities the Federal Reserve has established in response to events related to the COVID-19 pandemic and read reports filed with Congress pursuant to section 13(3) of the Federal Reserve Act.
Capital One-Discover Application and related materials
Access the Capital One-Discover Application and related materials.
Financial Innovation
The Federal Reserve Board is committed to supporting responsible fintech innovation, both by the firms we regulate directly, and in the financial market broadly.
Proposals for Comment
Find, review, and submit comments on Board proposals.