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Powell plans reductions in Fed staff

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.

Wall Street Journal · 13h

Federal Reserve Plans to Reduce Staff by 10%

The Federal Reserve is planning to reduce staffing by 10% in the years ahead, Chair Jerome Powell said in a memo to employees seen by The Wall Street Journal.

POLITICO on MSN · 14h

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."

Fed, Powell and upply 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.

The Financial Express · 1d

US Fed chief Powell to speak at Thomas Laubach Research Conference today

The next Federal Open Market Committee meeting is on June 17-18, when the summary of economic projections will also be released by the Committee.

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.

The Washington Post on MSN23d

Top Trump aides urged president to tone down attacks on Jerome Powell

The president’s about-face on the central bank chief, following advice from his treasury and commerce secretaries, sent markets surging.

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 ...

9don MSN

Jerome Powell keeps interest rates the same — and ignores Trump

Jerome Powell keeps interest rates the same — and ignores Trump - Powell maintains the Fed’s apolitical stance even amid ...

12don MSN

Who Is Jerome Powell?

Jerome H. Powell has been a member of the Board of Governors of the Federal Reserve System (FRB) since May 25, 2012, appointed by then-President Barack Obama to fill an unexpired term. He was ...

8don MSN

Vance says Powell is a ‘nice guy’ who is ‘wrong about almost everything’

Vice President Vance praised Federal Reserve Chair Jerome Powell as a person during a recent interview but argued he has been ...

25d

Markets fall as Trump renews attack against Fed chair

President Donald Trump renewed his attacks on Federal Reserve Chair Jerome H. Powell on Monday, exacerbating a stock sell-off and dragging the dollar to a three-year low amid persistent uncertainty ...

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 ...

Why the Fed’s Waiting Game on Rate Cuts Could Extend Until September

Economists have shifted back their forecasts for lower borrowing costs as President Trump’s tariffs raised the risk of higher ...

Opinion

25dOpinion

The Fire Jerome Powell Market Rout

Investors render a verdict on tariffs and politicizing the Fed.

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