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Federal Reserve Will Cut Staff By 10%
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 of the federal workforce despite the agency’s independence from the executive branch.
Federal Reserve Chair Jerome Powell reiterated the need for a wait-and-see approach during a press conference following the committee's policy announcement.
President Trump once again suggested the Federal Reserve should lower rates, but any slim chance of a June cut evaporated ...
The president shifts blame for slow trade talks and economic warning signs while former top ally Elon Musk trashes his ...
Federal Reserve Chair Jerome Powell and President Trump met for the first time in the president’s second term and sent mixed ...
April's PCE report comes as investors are closely watching for any inflationary impacts from President Trump's tariffs.
The Federal Reserve should do more to show the public how it is thinking about the economy, former Fed Chair Ben Bernanke said. Over decades, the Fed has gradually moved toward greater transparency, a ...
President Donald Trump met with Federal Reserve Chair Jerome Powell and the two discussed the economy but not Powell’s ...
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