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Powell plans reductions in Fed staff

Politico on MSN · 19h

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."

Tuko on MSN · 11h

Jerome Powell announces US Fed’s plan to reduce workforce by nearly 2,400 employees

US Federal Reserve Chair Jerome Powell told staff yesterday that the bank plans to cut its workforce by around 10 per cent in “the next couple of

US Federal Reserve aims to trim staff by 10% in coming years

The Federal Reserve plans to shrink its workforce by about 10% over the coming years, bringing the U.S. central bank in line with President Donald Trump's broader efforts to streamline the federal government,

Powell, supply shocks

CBS News on MSN · 1d

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

Federal Reserve Chair Jerome Powell is cautioning that the U.S. could face an increase in supply shocks. The comes a week after the central bank announced it would hold interest rates steady amid a period of economic uncertainty.

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.

CNN on MSN · 2d

Powell warns of supply shocks and more volatile inflation

US wholesale prices sank in April, logging their biggest monthly drop since Covid stifled the economy, as tariffs put a squeeze on profit margins, according to new data released Thursday.

2d

Watch Fed Chair Jerome Powell deliver live remarks on policy review

Following the last review, the Fed outlined a policy that became known as flexible average inflation targeting. The move was ...

1d

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 ...

InvestmentNews1d

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," ...

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 ...

2d

Watch Fed Chair Powell’s Speech

Federal Reserve Chair Jerome Powell is discussing the Fed's framework review, a twice-a-decade look at the central bank's monetary-policy strategy.

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 ...

8don MSN

Powell says Fed can wait to lower interest rates again. But will it wait too long?

Jerome Powell said the Federal Reserve can wait to see which effect from Trump's tariffs is worse - high inflation or a weak ...

9d

Transcript: Fed Chief Jerome Powell’s Postmeeting Press Conference

The Fed leader discussed the decision to hold rates steady, the outlook for inflation and the economy, and the possible ...

2don 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, ...

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