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CNBC Business • May 16, 2025

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

The planned workforce reduction at the U.S. central bank may lead to significant cost savings and impact operational capacity as the institution eliminates over two thousand positi...

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CNBC Business • May 10, 2025

Powell may have a hard time avoiding Trump's 'Too Late' label even as Fed chief does the right thing

The financial impact lies in the challenge faced by central bank leaders in timely adjusting interest rates, which can influence market stability and economic growth despite making...

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CNBC Business • May 08, 2025

Trump calls Fed Chair Jerome Powell a 'fool' after central bank keeps rates steady again

The Federal Reserve's decision to maintain current interest rates reflects ongoing caution in monetary policy, which has important implications for borrowing costs, investment deci...

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