Federal Reserve to reduce staff by 10%

axios.com/2025/05/16/federal-reserve-staff-cuts

The Federal Reserve system plans to reduce its staff count by 10% over the coming years, primarily through attrition, its leader told employees in an internal memo Friday.
Why it matters: The Fed is structured to be independent from the executive branch, but the nation's central bank is…

This story appeared on axios.com, 2025-05-16 17:54:39.
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