Fed meeting today: Live updates

Fed meeting today: Live updates

Powell says no ‘widespread support’ for larger rate cut Despite President Donald Trump’s demand for more aggressive action from the Federal Reserve, Chair Jerome Powell said there was little support for large rate cuts at this week’s meeting. “There wasn’t widespread support at all for a 50 basis point,” Powell said at his post-meeting news…

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New Trump appointee Miran calls for half-point cut in only dissent as rest of Fed bands together

New Trump appointee Miran calls for half-point cut in only dissent as rest of Fed bands together

Stephen Miran, chairman of the Council of Economic Advisers and US Federal Reserve governor nominee for US President Donald Trump, arrives for a Senate Banking, Housing, and Urban Affairs Committee confirmation hearing in Washington, DC, US, on Thursday, Sept. 4, 2025. Daniel Heuer | Bloomberg | Getty Images Newly-confirmed Federal Reserve Governor Stephen Miran dissented…

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