Federal Reserve Chair Jerome Powell's tenure is up in a year, so as the central bank puts together its final framework under ...

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

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.

In the internal memo, a copy of which was seen by Reuters, Powell said that he has directed Fed leadership to find “incremental” ways to trim operations, with a goal of shrinking the Fed’s ...

Fed Chair Jerome Powell informed staff of the move on Friday ... “I have directed the leadership of the Federal Reserve, here at the Board and across the System, to find incremental ways to ...

Jerome Powell has told the Federal Reserve to start cutting jobs. In a memo obtained by Bloomberg, Powell said the central ...

The Trump administration’s war with Walmart continued on Sunday, as Treasury Secretary Scott Bessent admitted in an interview ...

Federal Reserve Chair Jerome Powell told staff in a memo Friday the central bank will be lowering its staffing levels in the ...

Forthcoming changes to the Federal Reserve’s rate-setting framework are unlikely to influence officials’ current decisions.

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 ...