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Trump appointed Bowman to the Fed's Board of Governors in 2018. She's the second high-ranking central bank official in less ...
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 ...
President Donald Trump said Wednesday that Federal Reserve Chair Jerome Powell has kept interest rates too high and that he might call the central bank chief.
The Federal Reserve on Wednesday warned of an increased risk of stagflation from the Trump administration’s tariff plan as it left interest rates unchanged – despite growing pressure from the ...
The Federal Reserve is expected not to change its key interest rate. Experts project that tariffs may lead to a temporary surge in prices in the U.S. President Donald Trump argues that if interest ...
The Federal Reserve will look to reduce its headcount by 10% over the next couple of years, including offering deferred resignation to some older employees, central bank Chair Jerome Powell said ...
WASHINGTON (AP) — Federal Reserve officials expect inflation to worsen in the coming months but they still foresee two interest rate cuts by the end of this year, the same as they projected in ...
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