The Federal Reserve aims to cut 10% of its workforce over the next several years, Chair Jerome Powell told employees in a ...

The disclosure by the Federal Reserve that it plans to slash its workforce by 10 percent in coming years strikes us as newsworthy. The central bank is characterizing the staff cuts as part of its ...

In an internal memo to staff on Friday ... at the Washington-based Board of Governors. Cuts are expected to be made across the entire Federal Reserve System, including the 12 regional banks.

The Fed’s caution is likely to put it on a collision course with Mr. Trump, who has repeatedly urged the central bank to cut ...

The Federal Reserve aims to cut 10% of its workforce over the next ... The Federal Reserve will “take a fresh look at staffing and resources” to find ways to consolidate responsibilities ...