The Federal Reserve on Wednesday cut interest rates by a quarter point to the 4% to 4.25% range – delivering highly-anticipated relief to borrowers for the first time since December 2024.But Stephen Miran – previously Trump’s economic adviser and the newest member of Fed – cast a lone dissenting vote, pushing instead for a jumbo-sized half-point rate cut.Central bankers have been delaying rate cuts over fears that tariffs could reheat inflation, which did pick up over the summer, and recent economic data ha ...