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moves money TechSpot July 10, 2026

Federal Reserve taps Xbox CEO Asha Sharma to lead jobs task force days after Microsoft laid off 3,200 people

Federal Reserve taps Xbox CEO Asha Sharma to lead jobs task force days after Microsoft laid off 3,200 people
AI Summary

The Productivity and Jobs panel is one of five new task forces created by Federal Reserve Chairman Kevin Warsh to examine areas central to monetary policy. The others will focus on communications, balance sheet policy, economic data, and inflation frameworks.

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