federal reserve banks

Donald Kohn, the vice chairman of the Federal Reserve who has worked at the institution for 40 years, will become a senior fellow at the Brookings Institution when he leaves the Fed next week. Kohn, 67, advised Fed Chairman Ben Bernanke throughout the financial crisis, and also served as a key...

Two key sectors of the economy -- manufacturing and housing -- are helping to lead the nation out of its economic doldrums, continuing a pattern of improvement that emerged during the summer, according to the latest survey of economic activity compiled by the Federal Reserve and released...