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 ...

Federal Reserve Chair Jerome Powell laid out plans to trim the central bank's workforce by 10% across its system in the coming years, according to a message sent to Fed staff Friday obtained by ...

Powell acknowledged at the conference that the economic environment has changed since the Fed's last strategy meeting in 2020, when interest rates were far lower than they are today. "Longer-term ...

Federal Reserve Chair Jerome Powell said Thursday that longer-term interest rates are likely to be higher as the economy changes and policy is in flux. In remarks that focused on the central bank ...

In a Thursday morning speech, Fed Chair Jerome Powell said communication practices — particularly during times of heightened uncertainty — have been focal points during both internal and external ...

Fed chair Jerome Powell said Thursday. "We may be entering a period of more frequent, and potentially more persistent, supply shocks—a difficult challenge for the economy and for central banks ...

Federal Reserve Chair Jerome Powell speaks Thursday morning to the ... Following the last review, the Fed outlined a policy that became known as flexible average inflation targeting.

President Trump renewed his criticism on Thursday of Federal Reserve Chair Jerome Powell, calling him a “fool” and complaining that the Fed is refusing to lower interest rates.

President Donald Trump, in a Thursday morning message on Truth Social, called Fed Chair Jerome Powell a “fool,” responding publicly to the U.S. central bank’s decision Wednesday to keep ...

President Trump on Thursday criticized Federal Reserve Chair Jerome Powell for holding interest rates steady at the Fed's May 7 meeting, calling him a "fool" for acting "too late" in cutting the ...