US President Donald Trump said he will not remove Jerome Powell as Federal Reserve Board chairman before his term ends in May ...

President Donald Trump on Saturday said in a social media post the U.S. Federal Reserve should cut rates "sooner, rather than ...

The Federal Reserve plans to reduce the agency’s head count by 10% over the next “couple” of years. In a memo sent internally ...

In an internal memo to staff on Friday, the central bank’s chair, Jerome H. Powell, said it would offer a voluntary deferred ...

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

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 decision could impact financial markets, raise interest rates, and highlight fiscal challenges for the U.S. government.

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

The Federal Reserve is planning to reduce staffing by 10% in the years ahead, Chair Jerome Powell said in a memo to employees seen by The Wall Street Journal, noting what he described as ...

In a message to board employees, the central bank chair said “changes around staffing and operations can be challenging." ...

The Federal Reserve plans to shrink its system-wide workforce by about 10% over the next couple of years, mainly through ...