Trump's pressure campaign weighs on US Federal Reserve September meeting
NeutralWorld Affairs

A US court has ruled that Federal Reserve board governor Lisa Cook can remain in her position despite President Trump's attempts to remove her. This allows her to participate in the upcoming September meeting. Additionally, Stephen Miran has been confirmed by the Senate to join the board. Investors anticipate a potential interest rate cut of 0.25 basis points.
Editor’s Note: This ruling is significant as it ensures continuity in the Federal Reserve's leadership amid political pressures. With interest rates potentially changing, it could impact the economy and financial markets. The confirmation of Miran also adds to the board's dynamics, which is crucial for monetary policy decisions.
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