The number of voters at the Fed's July meeting dropped to 11, with Kugler absent due to personal matters.
12hours ago
According to Odaily Planet Daily, Federal Reserve Board Governor Adrienne Kugler will be absent from this week's policy meeting for personal reasons, reducing the number of voters on the interest rate decision to 11. While Governors Waller and Bowman may dissent in favor of a rate cut, the board still has a sufficient majority to maintain interest rates. There are no replacements for board seats, but the president's seat can be filled.
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