U.S. President Donald Trump (R) shakes hands with his nominee for the ... More chairman of the Federal Reserve Jerome Powell ...

The Federal Reserve kept its key interest rate unchanged Wednesday, brushing off President Donald Trump’s demands to lower borrowing costs, and said that the risks of higher unemployment and higher ...

President Donald Trump met with Federal Reserve Chair Jerome Powell and the two discussed the economy but not Powell’s ...

WASHINGTON (AP) — The Federal Reserve will likely keep its key short-term interest rate unchanged on Wednesday, despite weeks of harsh criticism and demands from President Donald Trump that the Fed ...

Monetary policy in the United States is determined by the Federal Open Market Committee (FOMC), a decisionmaking body that ...

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

WASHINGTON (AP) — The Federal Reserve will likely keep its key short-term interest rate unchanged on Wednesday, despite weeks of harsh criticism and demands from President Donald Trump that ...

The staff reductions will apply to both the Federal Reserve Board in Washington, with about 3,000 employees, and the 12 reserve banks scattered around the country, with another 21,000 staff.