On September 17, 2025, how many Federal Open Market Committee participants voted against lowering the federal funds rate by 25 basis points?
Explanation
The FOMC voted 11–1 to cut rates by 25 basis points to 4.00%–4.25%. Only Governor Miran dissented, favoring a 50 basis point reduction. Governors Bowman and Waller—both Trump appointees—aligned with C...
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