The Federal Reserve is planning to reduce ... D.C., board and to the system’s 12 regional reserve banks in cities from Boston to San Francisco. The job cuts at the board will come in the form ...

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 ...

The Federal Reserve is planning to reduce the workforce at the central bank by 10% over the next few years, according to a memo reviewed by FOX Business. Fed Chair Jerome Powell sent a memo on ...

The Federal Reserve Bank of New York and the Bank for International Settlements (BIS) released a joint research study that explored if and how central banks could continue to “implement monetary ...

WASHINGTON (Reuters) -The Federal Reserve plans to shrink its workforce by about 10% over the coming years, bringing the U.S. central bank in line with President Donald Trump's broader efforts to ...

While Jerome Powell lives on borrowed time as Federal Reserve chair before President Donald Trump picks a successor in early 2026, the final year of his term is headed for uncharted economic waters ...

The Federal Reserve will look to reduce its headcount by 10% over the next couple of years, including offering deferred resignation to some older employees, central bank Chair Jerome Powell said ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Federal Reserve has said it will slash its workforce by 10 per cent in the coming years as it seeks to ...

By Colby Smith Reporting from Washington The Federal Reserve will reduce its work force by 10 percent over the next several years to ensure the institution is “right-sized and able” to carry ...

Former Federal Reserve Chair Ben Bernanke this week. (Jim Watson/AFP/Getty Images) The Federal Reserve should do more to show the public how it is thinking about the economy, former Fed Chair Ben ...

A lawyer for the Trump administration said Friday that its attempts to expand the president's power to fire people may not extend to the ability to fire the head of the Federal Reserve Board.