New Trump appointee Miran calls for half-point cut in only dissent as rest of Fed bands together
Fed Cuts Rates by Quarter Point, But Trump Appointee Miran Dissents for Bigger Half-Point Slice Washington, September 17, 2025 — In a move that kicked off the first interest rate cut of President Donald Trump’s second term, the Federal Reserve on Wednesday lowered its benchmark federal funds rate by a quarter percentage point, bringing it … Read more