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Powell plans reductions in Fed staff

Politico on MSN · 6h

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 · 8h

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 · 9h

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.

Fed, Jerome Powell

Reuters on MSN · 1d

Fed's Powell: Strategy around both jobs and inflation needs to be reconsidered

U.S. Federal Reserve officials feel they need to reconsider the key elements around both jobs and inflation in their current approach to monetary policy, given the inflation experience of the last few years and the possibility that supply shocks and the associated price increases may become more frequent in the years ahead,

The Wall Street Journal · 1d

Watch Fed Chair Powell’s Speech

Federal Reserve Chair Jerome Powell on Thursday discussed the Fed's framework review, a twice-a-decade look at the central bank's monetary-policy strategy. He said the Fed was in the process of making

NBC New York · 1d

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 a stated intent to allow inflation to run slightly over the central bank's 2% target for a period of time in the interest of providing full and inclusive employment across the economy, including for race and gender.

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 ...

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 ...

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, ...

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 ...

1don MSN

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.

20hon 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

Fed Chair warns of ‘persistent supply shocks’, analyst responds

Fed Chair Jerome Powell warns of persistent supply shocks driving inflation — crypto analyst says Bitcoin is becoming a safe ...

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