Recent Developments

The Federal Reserve Explained
FOMC Press Conference March 19, 2025
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    Economy at a Glance

    Policy Rate

    Fed Funds Target Range

    4.25% to 4.50%

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    Inflation (PCE)

    2.5% February 2025

    Chart

    Line chart with 110 data points.
    The chart has 1 X axis displaying Time. Data ranges from 2016-01-01 00:00:00 to 2025-02-01 00:00:00.
    The chart has 1 Y axis displaying values. Data ranges from 0.4 to 7.2.
    End of interactive chart.

    Source: Bureau of Economic Analysis

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    Unemployment Rate

    Chart

    Line chart with 123 data points.
    The chart has 1 X axis displaying Time. Data ranges from 2015-01-01 00:00:00 to 2025-03-01 00:00:00.
    The chart has 1 Y axis displaying values. Data ranges from 3.4 to 14.8.
    End of interactive chart.

    Source: U.S. Bureau of Labor Statistics

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    Gross Domestic Product (GDP)

    Chart

    Bar chart with 36 bars.
    The chart has 1 X axis displaying Time. Data ranges from 2016-01-01 00:00:00 to 2024-10-01 00:00:00.
    The chart has 1 Y axis displaying values. Data ranges from -28.1 to 35.2.
    End of interactive chart.

    Source: Bureau of Economic Analysis

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    What is FedNow? Learn more
    Review of Monetary Policy Strategy, Tools, and Communications
    Image of stack of papers on purple circle with purple background next to "Review of the Federal Reserve's Supervision and Regulation of Silicon Valley Bank. Learn more."

    Disaster Preparedness and Recovery Resources

    Learn more about helpful resources for institutions and individuals who are recovering from California wildfires.

    Fed Listens

    Watch on-demand video of the Board's event from March 22, 2024.

    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.

    Select Statistical Releases

    Principal Economic Indicators
    Federal Reserve Consumer Help

    If you have a problem with a bank or financial institution, contact the Federal Reserve for help

    The FOMC Calendar
    U.S. Currency Education Program
    Last Update: April 10, 2025