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.

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 ...

WASHINGTON (AP) — A top Federal Reserve official said Friday that massive uncertainty ... but he added that it’s not yet clear whether the central bank should cut its key interest rate. Average rate ...

WASHINGTON — The Federal Reserve will likely keep its key short ... a tricky combination for the Fed. The central bank would typically raise rates — or at least keep them elevated — to ...

Tariffs can affect how much your dream home will cost in a few different ways, including by making construction materials ...

On Wall Street, Charter Communications rose 1.8% after it said it agreed to merge with Cox Communications in a deal that ...

For months, American consumers and businesses have been hearing that President Trump’s massive tariffs would drive up prices ...

NEW YORK — (AP) — Wall Street is heading toward the finish of a strong week as U.S. stocks rise on Friday close to the ...

Voting FOMC members always include the president of the Federal Reserve Bank of New York and one each from the following four bank groups, based on a rotating schedule: Boston, Philadelphia and ...