Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
Information
Discover
Search
Login
简中
繁中
English
日本語
한국어
ภาษาไทย
Tiếng Việt
BTC
ETH
HTX
SOL
BNB
View Market
The Federal Reserve may have three board members vote against the meeting in September, the first time since 1988.
2hours ago

According to Odaily Planet Daily, the US Senate narrowly confirmed Milan as the next Federal Reserve governor on Monday, securing one of 12 votes on the board ahead of the Fed's crucial September policy meeting. Two other Fed governors appointed by Trump during his first term, Bowman and Waller, both voted against the decision to keep interest rates unchanged at the July meeting, favoring a rate cut. Analysts suggest that due to weaker-than-expected labor market data, the two may dissent again at the September meeting, favoring a deeper rate cut. Not since 1988, early in former Chairman Alan Greenspan's term, has a Fed policy decision been met with dissenting votes from three governors. (Jinshi)