Two Federal Reserve officials underscored the US central bank can be patient and assess incoming data before adjusting policy as the economy navigates heightened uncertainty. The Fed should stay in a ...

Gift 5 articles to anyone you choose each month when you subscribe. Fed chairman Jerome Powell informed staff of the move on Friday (Saturday AEST) in a memo viewed by Bloomberg News. The ...

The Federal Reserve plans to shrink its workforce by about 10% over the coming years, bringing the central bank in line with President Trump’s broader efforts to streamline the federal ...

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 ...

Former Federal Reserve Chair Ben S. Bernanke urged the US central bank to provide the public a fuller explanation of its interest-rate decisions and a much richer examination of potential forecast ...

Federal Reserve Chair Jerome Powell on Thursday discussed the Fed's framework review, a twice-a-decade look at the central bank's monetary-policy strategy. He said the Fed was in the process of ...

The Fed risks being behind the curve when the economy turns, Bill Dudley said. The former New York Fed chief said the US-China trade deal extends tariff uncertainty, delaying action. "If the US ...

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 nation's wealthiest residents saw their billions grow even larger in the years following the COVID-19 pandemic due to policies from the Federal Reserve that have deepened the chasm of income ...

Traders were pricing in a 91.8% chance that the Fed will hold its policy rate steady in June at the current range of 4.25% to 4.5%, and a 61.4% probability that it will decide to keep it at that ...

Fed stands pat on interest rates and warns of economic woes on the horizon U.S. central bank highlights higher risk of unemployment and inflation Last Updated: May 7, 2025 at 6:47 p.m. ET First ...

Al Drago / Bloomberg / Getty Images Federal Reserve officials speaking Friday emphasized the risks that tariffs imposed by the Trump administration will stoke inflation. The Fed, which manages the ...