š„BREAKING NEWS Fed to Cut Workforce by 10% ā Quiet Move, Big Signal
The U.S. Federal Reserve is planning to reduce its workforce by ~10% by 2027, trimming staff from ~24,000 to ~22,000.
This wasnāt random cost-cutting.
It followed political pressure and closed-door discussions among regional Fed presidentsāsome worried cuts could hurt operations, others saw compliance as a way to protect the Fedās independence and avoid direct confrontation.
Fewer people, tighter operations ā pressure to be more efficient
Signals ongoing political tension around monetary policy
Long-term implications for how āindependentā central banks really are
Macro doesnāt move fast⦠until it does.
Do you think this strengthens the Fedāor weakens it? š
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