In a rare move, the US Federal Reserve issued a statment reaffirming its non-partisan stance after the central bank’s Chair Jerome Powell met with US President Donald Trump

The Fed continues quantitative tightening, reducing its balance sheet while managing excess reserves and liquidity to stabilize markets. Read about the Fed's main challenges.

Tens of thousands of workers have already been fired in just the first five months of the Trump administration, CNN reported. But the Supreme Court in a ruling said that there’s one federal worker that Trump can’t just summarily dismiss: the chairman of the board of the Federal Reserve system.

The Federal Reserve is planning to reduce staffing by 10% in the years ahead, Chair Jerome Powell said in a memo to employees seen by The Wall Street Journal.

Richard Sharrocks / Getty Images In 1913, the Federal Reserve Act established the Federal Reserve System (FRS), an independent governmental entity that would serve as a central bank to the U.S ...

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.

Officials at the Federal Reserve have adopted a wait-and-see approach to policy moves amid extreme uncertainty about the economic outlook.

The Federal Reserve Bank of New York said Wednesday that late next month it will add morning offerings for its liquidity providing Standing Repo Facility.