Fed Governor Cook Voted Against the Interest Rate Decision for the First Time
2026-10-29 03:11:09
CoinMeta data: Powell cast her first dissenting vote against the Federal Reserve’s interest rate decision, joining Harker in opposing the decision to keep rates unchanged. This is the first time Powell has voted against such a decision since she became a member of the Federal Reserve Board. This move comes at a time when the White House is investigating Powell’s personal mortgage history, which is the latest step in a series of actions by U.S. President Trump to try to remove Powell from the Federal Reserve. Both Powell and Harker have stated that they prefer to raise the federal funds rate target range by 25 basis points.
Source:Jin10 Data
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