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LN24 > Blog > Federal Reserve Chairman Jerome Powell
Federal Reserve Plans to Reduce Workforce by 10% Over Next Few Years
16
May

Federal Reserve Plans to Reduce Workforce by 10% Over Next Few Years

  • LN24 / 8 months
  • 0
  • 2 min read

The U.S. Federal Reserve is preparing to cut its workforce by roughly 10% in the coming years, aligning with broader efforts to streamline government operations. This plan was outlined in an internal memo from Chair Jerome Powell to staff. In the message, Powell stated that senior leadership has been asked to explore gradual ways to […]

Jerome Powell and the Federal Reserve Hold Interest Rates Steady as Inflation Remains Above 2%
30
Jan

Jerome Powell and the Federal Reserve Hold Interest Rates Steady as Inflation Remains Above 2%

  • LN24 / 11 months
  • 0
  • 3 min read

In a pivotal move that has drawn attention from both Wall Street and Washington, Federal Reserve Chairman Jerome Powell announced that the U.S. central bank will hold interest rates steady, despite continued pressure from President Donald Trump to lower them further. The decision comes as inflation remains above the Fed’s target of 2%, sparking a […]