News

Wider Federal Workforce May Shrink by 1.2 Million, Fed Estimate Shows
The broader US federal workforce could shrink by more than 1 million, according to an analysis from the Federal Reserve Bank ...
Can Trump fire Federal Reserve Chair Jerome Powell? Here's what to know.
President Trump again lashed out at Jerome Powell, calling him a "major loser" and urging the Fed Chair to immediately cut ...
Fed Chair Jerome Powell tells Economic Club of Chicago that Federal Reserve can wait on any interest rate moves
The Federal Reserve can stay patient and wait to see how tariffs and other economic policies of the Trump administration play ...
Fed Chair Powell: Cutting discretionary federal spending will not fix US debt problem
Federal Reserve Chair Jerome Powell on Wednesday reiterated the long-held view of Fed chairs going back decades that growth ...
Federal Reserve Bank of Philadelphia names Anna Paulson as president
The Federal Reserve Bank of Philadelphia has chosen Anna Paulson, a top official at the Chicago Fed, to serve as its next ...
Fed could be forced into steep rate cuts if U.S. economy is a casualty of trade wars, Citi says
Wonder why President Donald Trump is attacking the Federal Reserve chairman and demanding lower interest rates now? Well, ...
Chicago Fed chief: Central bank must be independent of politics
Austan Goolsbee, the Chicago Fed chief, defended the central bank's independence in a Sunday morning talk-show interview.
Klobuchar: There’s a reason we have an independent Fed
Sen. Amy Klobuchar (D-Minn.), who sits on the Senate Commerce Committee, weighed in on President Trump’s recent fight against ...