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.

As private credit tops $1 trillion, Fed researchers warn bank exposure to the sector could spark systemic risk if defaults spike.

Richard Sharrocks / Getty Images In 1913, the Federal Reserve Act established the Federal Reserve System (FRS), an independent governmental entity that would serve as a central bank to the U.S ...

The Federal Reserve plans to shrink its system-wide workforce by about 10% over the next couple of years, mainly through ...

No. Money is only issued through the U.S. banking system, which receives its money from the Federal Reserve. Individuals cannot, by law, have accounts at the Federal Reserve. A Federal Reserve ...

The Federal Reserve system plans to reduce its staff count by 10% over the coming years, primarily through attrition, its ...

The increased vulnerability of US markets gives foreign holders of US Treasury bonds more leverage in trade negotiations with Washington.

In his new role on the nine-member board, Myers will help supervise one of the 12 banks that make up the Federal Reserve System. The regional federal reserve banks provide services to member banks ...

Which states are likely to follow New Hampshire's example in passing a Bitcoin reserve law and how quickly can they do so?

The longer-term effects of some of the Trump administration’s policies are likely to be more significant and far-reaching, ...

Federal Reserve Chair Jerome Powell told staff in a memo Friday the central bank will be lowering its staffing levels in the ...