US Fed makes 1st rate cut of 2025
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Trump, Lisa Cook and Federal Reserve
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Here's a look at who votes on U.S. monetary policy. Federal Reserve Chair Jerome Powell leads the central bank's eight annual meetings. The Federal Open Market Committee's other 11 voting members get an equal say on each Fed rate decision via a majority vote.
Johns Hopkins political scientist Nicolas Jabko explains how prevailing political forces threaten to disrupt the nation's money supply and the global economy
If passed, the Price Stability Act would require that Fed officials only consider inflation when making monetary policy decisions.