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AiCoin
AiCoin|Sep 17, 2025 19:45
[Powell: Federal Reserve to Cut Workforce by 10%, Returning to Levels of 10 Years Ago] Federal Reserve Chairman Powell stated that the Federal Reserve is reducing its workforce by 10%. Once the layoffs are complete, the number of employees will return to the levels of 10 years ago. He emphasized his willingness to accept constructive criticism but believes there is no need for a formal review of the Federal Reserve.
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Timeline

Oct 17, 17:30OpenSea transforms into a multi-token trading hub
Oct 17, 16:52Tariff impacts continue to transmit to the economy
Oct 17, 14:41Powell stated that QT might end in the next few months.
Oct 17, 11:50The anticipated three rate cuts may just be the beginning
Oct 17, 11:45Powell warns of upside risks to the labor market
Oct 17, 03:10The Federal Reserve investigates the missing $1.4 trillion in Treasury bonds
Oct 16, 21:30The Federal Reserve approves HPB Holdings' acquisition of Community Bank
Oct 16, 21:20The Federal Reserve warns of the impact of artificial intelligence on the job market
Oct 16, 20:29Deutsche Bank expects the Federal Reserve to announce quantitative tightening
Oct 16, 19:42Deutsche Bank expects the Federal Reserve to announce quantitative tightening

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