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Here are five key things investors need to know to start the trading day:
Federal Reserve Governor Lisa Cook will keep her seat at the table at this week’s central bank meeting. An appeals court last night blocked President Donald Trump from firing Cook ahead of the Fed’s September gathering, which kicks off today, meaning Cook will get to cast a vote on interest rates.
Newly confirmed Governor Stephen Miran will also get a vote at the meeting. The chair of the White House’s Council of Economic Advisors was confirmed by the Senate last night to fill the Fed Governor seat vacated by Adriana Kugler last month. Miran said he will take an unpaid leave of absence from his role at the CEA while serving at the central bank.
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