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Powell plans reductions in Fed staff

Powell plans reductions in Fed staff through attrition

In a message to board employees, the central bank chair said “changes around staffing and operations can be challenging."

NBC New York · 6h

Federal Reserve will reduce staff by 10% in coming years, Powell memo says

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 in a memo.

Bloomberg · 7h

Fed reduciría su plantilla en un 10% en los próximos años

La Reserva Federal planea reducir su plantilla en aproximadamente un 10% durante los próximos años, principalmente mediante una disminución natural del personal.

Jerome Powell, Federal Reserve

Bloomberg on MSN · 1d

Powell Signals 2020 Fed Framework Language on Chopping Block

Subscribe to Economics Daily for the latest news and analysis.Federal Reserve Chair Jerome Powell said policymakers are weighing changes to key parts of the framework that guides their monetary policy decisions,

InvestmentNews · 1d

Powell hints at Fed scrapping its 2020 framework revamp

Past changes to the Federal Reserve's longer-run strategy, including letting inflation run hotter than 2% for "some time," might no longer work for the current economy.

The Wall Street Journal on MSN · 1d

Fed Chair Powell Discusses Direction of Policy-Setting Framework

Federal Reserve Chair Jerome Powell said the economy may be entering a period of “more frequent” supply shocks.

Jerome Powell, supply shocks

Men's Journal on MSN · 1d

Jerome Powell Issues Stark Warning For U.S.

Federal Reserve Chair Jerome Powell delivered a sobering message this week: the U.S. economy may be entering a period marked by more frequent and potentially lasting supply shocks that could lead to ongoing inflation volatility.

Hosted on MSN · 1d

Fed Chief Jerome Powell warns that U.S. could face "supply shocks"

The Fed's warning echoes that of analysts who say U.S. companies could face inventory shortfalls as a result of tariff-induced supply chain issues.

Fox Business on MSN · 1d

Powell warns economy could face more frequent 'supply shocks'

Fed Chair Jerome Powell spoke about how the central bank's monetary policy framework could shift if inflation is more volatile and supply shocks more common.

1don MSN

Powell's lean to job market under microscope as Fed revisits strategy

With mounting evidence that tight labor markets do not necessarily boost inflation and facing massive job losses in 2020, ...

23h

Walmart, Fed’s Powell and Dick’s Sporting Goods, Footlocker deal: Live Updates

As President Trump’s Middle East trip continues, investors are refocusing on the basics with Walmart earnings, producer ...

9don MSN

Fed chair Jerome Powell cites 'uncertainty' as central bank holds key rate steady

Despite pressure from President Donald Trump to slash interest rates, the Federal Reserve was expected to stick to its ...

10don MSN

Trump wants the Fed to cut rates on Wednesday. Will Jerome Powell oblige?

President Trump wants the Federal Reserve to cut interest rates. Here's what experts predict at the central bank's May 7 ...

19hon MSN

Powell Steers New Strategy for a World Where Very Low Rates Are No Sure Thing

Forthcoming changes to the Federal Reserve’s rate-setting framework are unlikely to influence officials’ current decisions.

1don MSN

Powell says inflation could be more volatile in the future

Recent economic trends point to the possibility that the Federal Reserve will have to grapple with sudden shocks to the ...

Federal Reserve Chair Powell responds, shares concerns of Milwaukee, Wisconsin businesses

More than a dozen Milwaukee and Wisconsin business leaders and observers were asked: What would you tell Fed Chairman Powell ...

European shares drop as energy sector drags; Fed's Powell, key US data in focus

European shares fell on Thursday, weighed down by steep losses in energy stocks following a drop in crude prices, while ...

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