Fed signals potential for further rate cuts amid dissent and new appointments
TL;DR Summary
The Federal Reserve has reduced interest rates by a quarter point and indicated that further cuts may be forthcoming, signaling a potential shift in monetary policy to support the economy.
- Fed cuts interest rates by quarter point, signals more could be coming The Washington Post
- New Trump appointee Miran calls for half-point cut in only dissent as rest of Fed bands together CNBC
- Senate Banking Chairman says 50 basis point rate cut is a possibility, backs Trump’s new Fed Governor Fox Business
- Trump pick Stephen Miran confirmed as Federal Reserve governor CNN
- Miran's Fed dissent makes a splash, fails to sway the outcome Reuters
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