Express
Number of Voters at July Fed Meeting Drops to 11
Summary: According to reports, Federal Reserve Board member Adrienne Kugler will be absent from this week's policy meeting for personal reasons, reducing the number of voters for the interest rate decision to 11. Despite the possibility of Governors Waller and Bowman voting against a rate cut, the committee still has enough majority to maintain the interest ...
According to reports, Federal Reserve Board member Adrienne Kugler will be absent from this week's policy meeting for personal reasons, reducing the number of voters for the interest rate decision to 11. Despite the possibility of Governors Waller and Bowman voting against a rate cut, the committee still has enough majority to maintain the interest rate. There are no substitutes for board members, but the chair's position can be filled.