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 ...

Source: Federal Reserve Statistical Release . The more alarming increase is in the discount window lending as that is a last resort, high cost liquidity option for banks to cover deposits.

(Federal Reserve release H.8, Assets and Liabilities of the Commercial Banking system.) If we take a look at bank balance sheets before all the Federal Reserve actions in 2020 and beyond we find this.

After the chairman of the Federal Reserve, Jerome Powell, met with Donald Trump at the White House Thursday, the bank took the unprecedented step of releasing a statement asserting its independence.

The disconnect between hard data and soft data is creating challenges for market participants and Federal Reserve officials, with households and firms turning pessimistic despite the economic slowd… ...

The Federal Reserve system plans to reduce its staff count by 10% over the coming years, primarily through attrition, its leader told employees in an internal memo Friday. Why it matters: The Fed ...

The Federal Reserve is planning to reduce its workforce by 10% over the next few years, according to a memo by Fed Chair Jerome Powell sent to employees on Friday.

A group of lawmakers, including Sens. Elizabeth Warren and Ed Markey of Massachusetts, called for the release of the detained Tufts University graduate student in a letter to federal officials ...

The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market update for market insights before trading begins.

The Federal Reserve’s incoming top banking regulator, Michelle Bowman, is seeking to review confidential ratings of the health of large banks, many of which had poor ratings last year.

According to the Federal Reserve's March Summary of Economic Projections, rates are likely to continue to fall well into 2027. There is a median Federal Funds Rate projection of 3.1% by 2027.

A group of Democratic senators is demanding that the Federal Reserve release records it has related to the failure of Synapse, a fintech firm that collapsed last year and left thousands of people ...