The regional Fed presidents with voting power this year are Austan Goolsbee of Chicago, Susan Collins of Boston, Alberto Musalem of St. Louis and Schmid. The Federal Reserve’s monetary policy ...

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 ... 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 ...

Boston Fed study finds banks' $1.2 trillion in funding to private credit funds could trigger liquidity crisis during economic ...

Andrew Harnik / Getty Images The Federal Reserve kept the central bank's key interest rate in a range of 4.25% to 4.5%, the same as it's been since December. The Fed has been waiting to see how ...

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 ...

Kate joined Newsweek in May 2024. She is a graduate of Ithaca College. The Federal Reserve opted to leave interest rates unchanged on Wednesday, citing heightened risks of rising inflation and ...

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 concluded its recent meeting with no changes to interest rates, a decision that market observers widely anticipated. Fed Chair Jerome Powell described the current economic ...

The Federal Reserve on Wednesday announced that it will leave its benchmark interest rate unchanged as policymakers continue to monitor inflation and the labor market amid elevated levels of ...

The Federal Reserve held interest rates steady on Wednesday but said the risks of both higher inflation and unemployment had risen, further clouding the economic outlook as the U.S. central bank ...

The Federal Reserve on Wednesday warned of an increased risk of stagflation from the Trump administration’s tariff plan as it left interest rates unchanged – despite growing pressure from the ...