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Searched Tag: fed res governor lisa cook

The bank also indicated it will steadily lower borrowing costs over the rest of the months in this year as policymakers take a measured approach to spur more borrowing and spending in order to fasten a slumping economy

Federal Reserve cuts interest rate by 25 bps

September 18, 2025, 12:16 AM - 3 min read

The cut by the US central bank is the first move by the policy-setting Federal Open Market Committee (FOMC) since December 2024; more cuts coming in, says the bank

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Miran was approved by the Senate Banking Committee last week with all the Republicans voting in favour, and all Democrats voting against. Lisa Murkowski is the only Republican to have voted against Miran

White House economist wins by narrow margin to serve in Fed Res

September 16, 2025, 12:14 PM - 4 min read

While Stephen Miran, US President Donald Trump’s nominee, has won by a very narrow margin to get a seat on the Federal Reserve’s governing board, the White House administration received a setback late Monday after an appeals court ruled that Lisa Cook, whom Trump had sought to fire, can remain a Fed Res governor. The apex bank starts its crucial two-day policy meeting on September 16

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