Fed Chair Powell: We approach headcount reduction 'thoughtfully and carefully'

mayor. Thank you. Amara Moquy with Bloomberg.Chair Pal, in February, you told Congress that the Fed is quote overworked, maybe not overstaffed. Then in a memo to memo to staff in May announcing a deferred resignation program at the Fed, you said you wanted to ensure that the Fed was quote rightsized. Those two statements appear to be at odds with one another.Could you explain what changed in the roughly three months between those statements that made you decide that fat staff levels at the Fed should declin ...