The Federal Reserve lowered rates by a quarter point, but Stephen Miran, a Trump appointee who joined the board this week, voted for a bigger cut. Balancing persistent inflation and a weaker labor market was “a challenging situation,” Fed Chair Jerome Powell said.
Federal
Reserve Meeting
The Federal Reserve lowered rates by a quarter point, but Stephen Miran, a Trump appointee who joined the board this week, voted for a bigger cut. Balancing persistent inflation and a weaker labor market was “a challenging situation,” Fed Chair Jerome Powell said.
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Federal funds
Fed approves quarter-point interest rate cut and sees two more coming this year
Federal Reserve Cuts Key Interest Rate Amid Trump Pressure Campaign
US Federal Reserve cuts interest rates for the first time since December
Amid weak hiring and White House attacks, the Fed lowers rates—its first move in 2025 and a test of Powell’s independence | Fortune
US Fed makes first rate cut of 2025 over employment risks
Fed Governor Stephen Miran pushes case for central bank to slash key interest rate
Fed decision latest: Interest rates in US cut
This Is How The Fed’s Rate Cut Will Affect You, Based On Your Exact Life Situation
