The cut was supported by all but one of the 12 voting FOMC members. Stephen Miran—confirmed by the Senate to the governors’ board by a 48-47 vote on Monday—favored a 50 basis point cut. Miran is on an unpaid leave of…
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The cut was supported by all but one of the 12 voting FOMC members. Stephen Miran—confirmed by the Senate to the governors’ board by a 48-47 vote on Monday—favored a 50 basis point cut. Miran is on an unpaid leave of…