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Powell plans reductions in Fed staff

Politico on MSN · 31m

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 · 1h

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.

The New York Times · 1h

Fed to Cut Staff by 10% Over Several Years

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

Jerome Powell, Fed

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.

Men's Journal on MSN · 21h

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.

Trump is bashing Jerome Powell again after the Fed keeps interest rates steady

President Trump called out Jerome Powell in a Truth Social post for not lowering interest rates this week, continuing his attacks on the Fed chief.

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 ...

3dOpinion

Is Jerome Powell batting for three strikes?

Jerome Powell mismanaged the COVID-19 economy. He also failed to understand Joe Biden's inflation. His refusal to cut ...

7d

JD Vance Calls Jerome Powell a ‘Nice Guy,’ but ‘Wrong About Everything’

Vice President JD Vance said Federal Reserve Chair Jerome Powell has been slow to deal with inflation and helping with trade ...

8don MSN

Trump calls Fed Chair Jerome Powell a "fool" for keeping interest rates steady

President Trump on Thursday criticized Federal Reserve Chair Jerome Powell for holding interest rates steady at the Fed's May ...

8don MSN

Trump bashes Jerome Powell on interest rates: ‘Like talking to a wall’

President Trump bashed Federal Reserve Chair Jerome Powell on Thursday for not listening to his push to cut interest rates, ...

9d

Watch live: Fed Chair Jerome Powell answers reporter questions after interest rate hold

Fed Chair Jerome Powell is set to speak with reporters after the Federal Reserve's decision to hold interest rates steady ...

9d

Federal Reserve Meeting Live: Chair Jerome Powell Says There's Still Room For Patience

Federal Reserve Chair Jerome Powell reiterated the need for a wait-and-see approach during a press conference following the ...

23hon 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.

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