Folder created in rules does not show

I set up a rule to put emails in a new folder which I specified in the rules, but although inbox now has less emails, the folder specified in rules was not created? New emails also disappear.

If it doesn’t say folder as in this screenshot, but has the actual folder name, then the folder must exist.

Maybe it is in Local Folders or you created it as a sub-folder of something else. Look for any folders that have an > next to them and expand them.