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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 ...
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 ...
The Federal Reserve has likely come across your radar at some point. Often referred to as simply "the Fed," this central banking system of the United States typically meets eight times a year to ...
The Federal Reserve, under Jerome Powell, held steady the benchmark interest rate, amidst concerns about balancing maximum employment and controlling inflation near the 2% target. The Fed will ...
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 US Federal Reserve announced it is withdrawing guidance that served to deter banks from engaging in crypto and stablecoin activities. ”The Board is rescinding its 2022 supervisory letter ...
The Federal Reserve noted vulnerabilities tied to stock and real-estate valuations in a report released Friday, saying that asset prices were notable despite declines in some markets earlier this ...
The Federal Reserve has ended an enforcement action against a small Illinois bank and its holding company. The Fed Board ended its written agreement with Perry County Bancorp and its subsidiary, Du ...
President Trump suggested he could oust Jerome Powell, Chair of the Board of Governors of the Federal Reserve System, to force the board to lower interest rates. There’s good reason to ask ...
WASHINGTON, May 17 (Reuters) - President Donald Trump on Saturday said in a social media post the U.S. Federal Reserve should cut rates "sooner, rather than later." Trump also criticized the head ...
WASHINGTON — 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 ...
As expected, the US Federal Reserve has kept its benchmark interest rate unchanged despite pressure from President Donald Trump. Fed chair Jerome Powell warned the risks of higher inflation and ...