Federal Reserve Reports Policy Vote Result of 8 to 4

04/29 18:25

On April 30, the Federal Reserve announced that the result of the policy vote was 8 to 4: Milan voted against, advocating for a 25 basis point rate cut; Hamak, Kashkari, and Logan also voted against, opposing the inclusion of an easing bias in the statement. This marks the highest number of dissenting votes in a Federal Reserve interest rate decision and policy statement since October 1992.
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