News

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 size ...
The Federal Reserve Bank of New York's Buffalo branch will close at the end of October, 89 years after it opened to service the region's banks. The closing will eliminate six of the nine jobs that ...
A top Federal Reserve official said Friday that massive uncertainty created by President Donald Trump’s tariffs has caused some businesses to cut back on hiring and spending, threatening to slow the ...
And a survey by the Federal Reserve’s Dallas branch found that nearly 55% of manufacturing firms expect to pass on the impact of tariff increases to their customers. “The bottom line is that ...
In addition to its headquarters in St. Louis, the bank has branch offices in Little Rock, Louisville, and Memphis. The St. Louis Fed also maintains the Federal Reserve Economic Database.
By Colby Smith Reporting from Washington The Federal Reserve will reduce its work force ... obligated to carry out orders by the executive branch. That buffer from the White House is being legally ...
New research suggests banks are approving fewer home loans in fire-prone areas. But researchers found online lenders are ...
Despite inevitable disagreements, the executive branch has historically respected the independence of the Federal Reserve. Powell has stated that its independence is a “matter of law.” ...
president of the Federal Reserve’s Richmond branch, said businesses have turned cautious, though are not yet engaging in steep job cuts or other behavior typical of a recession. “The way I ...
And a survey by the Federal Reserve’s Dallas branch found that nearly 55% of manufacturing firms expect to pass on the impact of tariff increases to their customers. “The bottom line is that inflation ...