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Federal Reserve to Cut Workforce by 10% Over the Next Few Years, According to Powell Memo

May 16, 2025
Federal Reserve will reduce staff by 10% in coming years, Powell memo says

The Federal Reserve’s Bold Move: 10% Staff Reduction and What It Means for the Economy In a significant announcement, Federal Reserve Chair Jerome Powell informed employees that the central bank plans to reduce its workforce … Read more

Categories Finance Tags cut, Federal, Memo, Powell, Reserve, workforce, Years

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