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బ్యాంక్ లకే Bank - Fed Chair Powell outlines plans to cut 10% of staff in coming years

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Federal Reserve Chair Jerome Powell laid out plans to trim the central bank's workforce by 10% across its system in the coming years, according to a message sent to Fed staff Friday obtained by Yahoo Finance.

In his message, Powell said he'd directed Fed leaders "to find incremental ways to consolidate functions where appropriate, modernize some business practices, and ensure that we are right-sized and able to meet our statutory mission."

 

 

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