News

Federal Reserve to cut its workforce by 10% in coming years
The Federal Reserve is planning to reduce its workforce by 10% over the next few years, according to a memo by Fed Chair ...
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Fed’s Powell warns the U.S. economy could face persistent supply shocks
Fed Chair Jerome Powell just quietly admitted the economy was entering a period of more frequent and potentially more ...
Fed's Barr says economy on solid footing, trade dispute clouds outlook
The U.S. economy is on solid footing with inflation heading to the central bank's 2% target, but trade policies have clouded ...
As the Fed devises its new strategy, Powell sees an economy with ‘more volatile’ inflation
Every five years the Federal Reserve reconsiders its framework for monetary policy. This time it will have to consider ...
Fed chair Powell says 'economy is doing fine' despite declining consumer sentiment
Despite concerns that President Donald Trump's tariffs and the resulting decline in orders on imports to the U.S. could lead ...
Economic Concerns Are Mounting, but the Fed Isn’t Cutting Rates Proactively
The U.S. central bank is set to reinforce its wait-and-see approach at its meeting this week as President Trump’s tariffs ...
Fed stands pat on interest rates and warns of economic woes on the horizon
The Federal Reserve on Wednesday remained in a holding pattern on interest rates, while warning about more uncertainty in the ...
‘I own the store’: Trump seeks a direct role in the economy
From prices to tariffs to dealmaking, Trump’s involvement in economic issues prompts both frustration and applause.
Fed's Jefferson: Expect economy to slow, future inflation uncertain due to tariffs
Recent inflation data point to continued progress toward meeting the U.S. Federal Reserve's 2% inflation goal, but the ...
Ben Bernanke Argues for More Transparency at the Federal Reserve
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 ...
Federal Reserve official sees signs of slowing economy but not ready to cut rates
A top Federal Reserve official said Friday that massive uncertainty created by President Donald Trump’s tariffs has caused ...
Wobbling economy will push the Fed to cut interest rates later this year, CNBC survey finds
A 63% majority of respondents to the CNBC Fed Survey believe across-the-board 10% tariffs will likely remain on all U.S.