Experience here and elsewhere shows that it is healthy for any organization to periodically take a fresh look at its staffing and resources,” Powell wrote in a memo.

The Federal Reserve plans to shrink its workforce by about 10% over the coming years, bringing the U.S. central bank in line ...

Tariffs and fears of a recession complicate what will likely be Jerome Powell's last year as chairman of the central bank.

US Federal Reserve Chair Jerome Powell told staff yesterday that the bank plans to cut its workforce by around 10 per cent in ...

An attorney for the Justice Department said whether the president has the authority to fire the chairman of the Federal Reserve was a "hard historical question." ...

The Federal Reserve aims to cut 10% of its workforce over the next several years, Chair Jerome Powell told employees in a ...

Powell Steers Fed Back to Pre-2020 Policy-Setting Framework; Bank of Mexico Makes Half-Point Rate Cut By Vicky Ge Huang ...

Withdrawing the Fed’s swap lines would be a step toward ending dollar’s role as a reserve currency, Vincient Arnold writes in ...

Tariffs are looking less thorny, for sure, as the U.S. negotiates agreements with other countries. But that's not to say ...

Wall Street opened higher on Friday as traders digest news of Donald Trump declaring that the US will set new tariff rates ...