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Even the Fed is cutting jobs — for the first time in more than a decade (www.cnn.com)

posted 1 year ago by brain_dead 1 year ago by brain_dead +65 / -0

Even the Fed is cutting jobs — for the first time in more than a decade | CNN Business

Even as Federal Reserve Chair Jerome Powell reassures the public about the state of the US economy, the organization is quietly laying off workers at its own doorstep.

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– spoonix 2 points 1 year ago +2 / -0

They can tell all the other people in the unemployment line about how great this economy is, how we pulled off the "soft landing", and everyone is just so flush with cash now we gotta keep jacking up those interest rates to prevent the wage/cost spiral from exploding.

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– brain_dead [S] 2 points 1 year ago +2 / -0

Are they becoming whistleblowers? I sure hope so.

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