Trump's pick for the Fed board could join in time for key rate cut vote
Fox Business·2025-09-05 23:26
Stephen Miran, President Donald Trump's nominee for the Federal Reserve Board of Governors, could be confirmed in time to take part in the mid-September rate-setting meeting. Fed watchers broadly expect the central bank to cut rates in September after Federal Reserve Chairman Jerome Powell signaled a softer stance on policy during his Jackson Hole address.The Federal Open Market Committee (FOMC), which will meet on Sept. 16, is the panel that sets U.S. monetary policy, including decisions on interest rates. ...