Live Updates > Live Update Details
2025-07-30 05:15:39
According to foreign media reports, the Federal Reserve said that Governor Kugler will be absent from this week's two-day July policy meeting due to personal matters. This may result in only 11 FOMC members voting on policy decisions this week instead of the usual 12. Although Governors Waller and Bowman are expected to become dissidents and support a rate cut this month, the committee will most likely still support keeping interest rates unchanged with an absolute majority. According to the Federal Reserve's policy, other presidents can replace regional Federal Reserve presidents when they are absent from the vote, but there is no replacement for the governor's seat.
