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Powell plans reductions in Fed staff

Barron's on MSN · 14h

Fed’s Planned 10% Staff Cut Wasn’t a DOGE Decree. Why That Matters.

The Federal Reserve plans to reduce the agency’s head count by 10% over the next “couple” of years. In a memo sent internally on Friday, Fed Chair Jerome Powell said the central bank is looking to trim its head count by 10% through attrition across the Federal Reserve system,

The New York Times · 16h

Fed to Cut Staff by 10% Over Several Years

In an internal memo to staff on Friday, the central bank’s chair, Jerome H. Powell, said it would offer a voluntary deferred resignation program.

Politico on MSN · 18h

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."

Powell, Fed and supply shocks

CNBC on MSN · 2d

Fed's Powell cautions about higher long-term rates as ‘supply shocks' provide policy challenges

Powell said Thursday that longer-term interest rates are likely to be higher as the economy changes and policy is in flux.

Yahoo Finance on MSN · 2d

Fed's Powell says US may be entering period of more frequent and persistent 'supply shocks'

Federal Reserve Chair Jerome Powell said Thursday that the US may be entering a period of more frequent supply shocks and volatile inflation, warranting more transparent communication practices from the central bank.

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.

22hon MSN

Bernanke Urges Fed to Adopt ‘Alternative’ Forecast Scenarios

Former Federal Reserve Chair Ben S. Bernanke urged the US central bank to provide the public a fuller explanation of its ...

1d

How The Fed’s Next Move Could Make Or Break Job Prospects For New Grads

As the Federal Reserve signals possible rate cuts, new graduates face a changing job market. Explore how interest rates may ...

2don MSN

Why a former Fed chief says the China trade deal creates more problems for Powell and the central bank

Former Fed president Bill Dudley warned that the central bank risks mistiming interest rate cuts if the economy stumbles into ...

1don MSN

Fed's Barr says economy on solid footing, trade dispute clouds outlook

The U.S. economy is on solid footing with inflation heading to the central bank's 2% target, but trade policies have clouded ...

23h

Recession Risk Is a Fed Thing Again

Hello and welcome to the newsletter, a grab bag of daily content from the Odd Lots universe. Sometimes it's us, Joe ...

The Texas Tribune17h

Texas businesses feel the pinch from Trump’s tariffs, Fed survey finds

The higher taxes on imports will shrink Texas businesses’ profits and raise costs for consumers, business owners say.

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, ...

1d

Fed’s Bostic Says He Sees One Rate Cut This Year, No Recession

Federal Reserve Bank of Atlanta President Raphael Bostic said he expects the US economy to slow this year but not fall into ...

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