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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 · 18h

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 · 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."

Fed, Powell and upply shocks

The Financial Express · 2d

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.

CBS News 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.

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.

11don MSN

Understanding Jerome Powell's Role: How the Fed Chair's Influence Affects You

As President Donald Trump escalated attacks during his second administration on U.S. Federal Reserve Chair Jerome H. Powell ...

4dOpinion

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 ...

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 ...

Wall Street futures slip after three-day rally as traders await Powell speech

Attention also shifts to Thursday’s release of the Producer Price Index (PPI) — a measure of wholesale inflation.

Gold price recovers further from one-month low; looks to US PPI and Powell for fresh impetus

Gold price (XAU/USD) drifts lower for the second straight day, also marking its third day of a negative move in the previous ...

1don 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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