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The September Federal Reserve meeting may see three Governors cast dissenting votes, a first since 1988.

2025-09-16 15:11

BlockBeats News, September 16th: On Monday, the U.S. Senate narrowly confirmed Milan to take over as a Federal Reserve governor, securing one of the 12 votes just before the crucial September Fed policy meeting. The other two Federal Reserve governors appointed during Trump's first term, Bowman and Waller, both voted against keeping rates unchanged at the July meeting, supporting a rate cut. Analysts say that due to weaker-than-expected labor market data, these two may once again vote against maintaining rates at the September meeting and support a larger rate cut. Since the early days of Chairman Greenspan's term in 1988, there hasn't been a situation where three governors opposed a Fed policy decision. (Jinshi)

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