News

The Reserve Bank of India is expected to announce a third consecutive 25 basis points rate cut on June 6, 2025, supported by easing inflation, steady GDP growth, and global trade uncertainties, ...
Sen. Elizabeth Warren (D-Mass.) and a CNBC anchor sparred Wednesday over the Federal Reserve’s decision to scrap an unprecedented penalty on Wells Fargo. In an interview with CNBC’s ...
Despite a years-long $2 trln asset limit, the US lender’s stock outperformed most peers since 2020. Forced efficiency amid ...
After the fed lifted an asset cap from Wells Fargo, CEO Charlie Scharf announced all full-time employees will get a $2,000 ...
The Federal Reserve Bank of St. Louis, which marks its centennial at its current headquarters, continues to play a large role ...
After the chairman of the Federal Reserve, Jerome Powell, met with Donald Trump at the White House Thursday, the bank took ...
Federal Reserve chair Jerome Powell warned students at Princeton on Sunday to take responsibility for defending US democracy, ...
“[W]hat’s alarmed people is whether Trump could fire [Fed chair] Jay Powell and other members of the Fed’s board,” he added. “While the regional Federal Reserve Banks are quasi ...
The Federal Reserve Bank of New York works to promote sound and well-functioning financial systems and markets through its provision of industry and payment services, advancement of infrastructure ...
AP The deferred resignation program will be open to workers across the Fed system – including the Board of Governors in Washington and the 12 regional reserve banks – who are fully eligible to ...
The Federal Reserve is planning to reduce staffing by 10% in the years ahead, Chair Jerome Powell said in a memo to employees seen by The Wall Street Journal, noting what he described as ...
The Federal Reserve aims to cut 10% of its workforce over the next several years, Chair Jerome Powell told employees in a memo—following suit with the Trump administration’s efforts to reduce ...