News

What is the Federal Reserve and what does it do?
Since President Trump took office, the Federal Reserve has gotten even more airtime, as Trump has questioned the Fed's ...
US Federal Reserve aims to trim staff by 10% in coming years
The Federal Reserve plans to shrink its workforce by about 10% over the coming years, bringing the U.S. central bank in line ...
Fed's independent structure has proved its worth, Waller says
The structure of the Federal Reserve's Board of Governors, with members who cannot be fired over policy disputes and serve ...
Federal Reserve Plans to Reduce Staff by 10%
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.
Trump administration suggests it's not seeking power over the Federal Reserve
The comments to the U.S. Court of Appeals for the D.C. Circuit came in a case regarding Donald Trump's ability to fire members of independent boards.
Federal Reserve will reduce staff by 10% in coming years, Powell memo says
The Federal Reserve will look to reduce its headcount by 10% over the next couple of years, including offering deferred ...
Federal Reserve leaves key rate unchanged as it sees risk of higher prices and higher unemployment
WASHINGTON (AP) — The Federal Reserve kept its key interest rate unchanged Wednesday, brushing off President Donald Trump’s ...