No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Wednesday, October 8, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Business

The Federal Reserve is about to have an extremely awkward meeting

by TheAdviserMagazine
3 weeks ago
in Business
Reading Time: 3 mins read
A A
The Federal Reserve is about to have an extremely awkward meeting
Share on FacebookShare on TwitterShare on LInkedIn



Wall Street is looking ahead to a highly anticipated meeting of Federal Reserve policymakers, who are widely expected to lower interest rates for the first time this year amid relentless pressure from the White House and deteriorating employment data.

The Federal Open Market Committee’s two-day meeting will start on Tuesday. On Wednesday afternoon, it will announce its policy decision. According to CME’s FedWatch tool, markets are pricing in 96.4% odds for a quarter-point cut and 3.6% odds for a half-point cut. The benchmark rate is currently 4.25%-4.5%.

The rate announcement will also be accompanied by a so-called “dot plot” of fresh forecasts on rates, inflation and GDP growth from Fed officials. Chairman Jerome Powell will hold a press briefing soon afterward.

While there is little doubt about the outcome of the Fed meeting, there are still questions over who exactly will be voting—setting up some very awkward dynamics.

Stephen Miran: why not both?

Senate Republicans hope to confirm Stephen Miran as a Fed governor on Monday so that he can participate when the meeting starts on Tuesday.

His decision not to resign from his White House economic adviser role while he serves on the Fed board and instead take a leave of absence is unprecedented, with critics saying it leaves him too vulnerable to pressure from President Donald Trump—who is already trying to fire Fed Governor Lisa Cook.

Miran has also previously criticized the Fed’s consensus-based approach and accused it of “groupthink.” Before joining the administration, he proposed reforms that would weaken Fed independence and argued that monetary policy would be better served with some arguments.

Will he tear into his new coworkers on his very first day?

Either way, get ready for more contested votes rather than the typical unanimous decisions. In a note on Friday, JPMorgan chief U.S. economist Michael Feroli said he expects the upcoming meeting to feature two or three dissents for a larger cut.

At the Fed’s last meeting Fed governors Christopher Waller and Michelle Bowman broke from other policymakers by calling for a quarter-point cut. It’s possible they could dissent again by voting for a half-point cut, Feroli said, with Miran expected to “dutifully dissent for a larger cut” as well.

It remains to be seen how long Miran’s Fed tenure will be. But in a note last month, JPMorgan said his appointment to the Fed “fuels an existential threat as the administration looks likely to take aim at the Federal Reserve Act to permanently alter U.S. monetary and regulatory authority.”

Lisa Cook: ‘Fed independence would be over’

The other question mark is whether Cook will be at the FOMC meeting. After Trump took the unprecedented step of firing her, claiming mortgage fraud, she sued to stay in her post. Cook denied the accusations and said Trump’s attempt to oust her is illegal.

In addition to Trump, Cook’s lawsuit also named the Fed’s board of governors, including Powell, as defendants. While her Fed colleagues weren’t involved in her dismissal, Powell was named in the suit “to the extent that he has any ability to take any action to effectuate President Trump’s purported termination of Governor Cook.”

A federal court sided with Cook, saying she can serve while litigation plays out, and new evidence has emerged that undercuts Trump’s accusations against her. But the Trump administration is fighting the decision in an appeals court.

Over the weekend, lawyers for both sides filed fresh arguments. The administration said it seeks to ensure “the integrity of the Federal Reserve.” Cook’s team said Trump has not shown sufficient cause and that a ruling in his favor would mean he could fire other governors on “similarly flimsy pretexts.”

“The era of Fed independence would be over. The risks to the nation’s economy could be dire,” the filing said.

If Cook is cleared to take part in the FOMC meeting, it may be awkward to discuss monetary policy with people she is also suing. But as central bankers prioritizing the Fed’s dual mandate, they are likely to consider it business and not personal.

Fortune Global Forum returns Oct. 26–27, 2025 in Riyadh. CEOs and global leaders will gather for a dynamic, invitation-only event shaping the future of business. Apply for an invitation.



Source link

Tags: AwkwardextremelyfederalMeetingReserve
ShareTweetShare
Previous Post

Jim Cramer Says He’s Already Ordered His Apple (AAPL) iPhone

Next Post

Ethereum developers set sight on introducing end-to-end privacy

Related Posts

edit post
Green Lantern buys frozen fries co Tapugan for NIS 507m

Green Lantern buys frozen fries co Tapugan for NIS 507m

by TheAdviserMagazine
October 8, 2025
0

Kerur Holdings (TASE: KRUR), controlled by Shlomo Rodav and Roni Gat through Israel Lighterage and Supply Co. Ltd., in...

edit post
Monsoon and crop risks remain key to price volatility ahead: Pushan Sharma

Monsoon and crop risks remain key to price volatility ahead: Pushan Sharma

by TheAdviserMagazine
October 8, 2025
0

Consumers are seeing some relief at the grocery store, as prices of staples like tomatoes, onions, and potatoes decline sequentially....

edit post
Dollar rallies as US shutdown drags on, weighing on confidence

Dollar rallies as US shutdown drags on, weighing on confidence

by TheAdviserMagazine
October 7, 2025
0

The U.S. dollar rose to its strongest levels in six weeks in early Asian trading on Wednesday as risks around...

edit post
Top analyst on concerns about Nvidia fueling an AI bubble: ‘We’ve seen this movie before. It was called Enron, Tyco’

Top analyst on concerns about Nvidia fueling an AI bubble: ‘We’ve seen this movie before. It was called Enron, Tyco’

by TheAdviserMagazine
October 7, 2025
0

A top Wall Street analyst has sounded an alarm over the U.S. equity bull market, warning that its remarkable run...

edit post
Deloitte was caught using AI in 0,000 report to help the Australian government crack down on welfare after a researcher flagged hallucinations

Deloitte was caught using AI in $290,000 report to help the Australian government crack down on welfare after a researcher flagged hallucinations

by TheAdviserMagazine
October 7, 2025
0

Deloitte’s member firm in Australia will pay the government a partial refund for a $290,000 report that contained alleged AI-generated...

edit post
Holiday shopping will look different this year, Adobe predicts: AI-assisted purchasing will jump a staggering 520%

Holiday shopping will look different this year, Adobe predicts: AI-assisted purchasing will jump a staggering 520%

by TheAdviserMagazine
October 7, 2025
0

Adobe Analytics predicts online sales will grow 5.3% this holiday season, down from 8.7% last year, as consumers turn to...

Next Post
edit post
Ethereum developers set sight on introducing end-to-end privacy

Ethereum developers set sight on introducing end-to-end privacy

edit post
Trump says he doesn’t want to ‘frighten off’ foreign investment after ICE raid on Korean plant

Trump says he doesn't want to 'frighten off' foreign investment after ICE raid on Korean plant

  • Trending
  • Comments
  • Latest
edit post
What Happens If a Spouse Dies Without a Will in North Carolina?

What Happens If a Spouse Dies Without a Will in North Carolina?

September 14, 2025
edit post
Does a Will Need to Be Notarized in North Carolina?

Does a Will Need to Be Notarized in North Carolina?

September 8, 2025
edit post
DACA recipients no longer eligible for Marketplace health insurance and subsidies

DACA recipients no longer eligible for Marketplace health insurance and subsidies

September 11, 2025
edit post
‘Quiet luxury’ is coming for the housing market, The Corcoran Group CEO says. It’s not just the Hamptons, Aspen, and Miami anymore

‘Quiet luxury’ is coming for the housing market, The Corcoran Group CEO says. It’s not just the Hamptons, Aspen, and Miami anymore

September 9, 2025
edit post
Tips to Apply for Mental Health SSDI Without Therapy

Tips to Apply for Mental Health SSDI Without Therapy

September 19, 2025
edit post
Raymond James sues to retrieve dead advisor’s laptop

Raymond James sues to retrieve dead advisor’s laptop

September 11, 2025
edit post
KEENA ARBUTHNOT | The EDU Ledger

KEENA ARBUTHNOT | The EDU Ledger

0
edit post
Letters to Frank Meyer Reveal Rothbard’s Views on Lincoln, Slavery, and Popular Sovereignty

Letters to Frank Meyer Reveal Rothbard’s Views on Lincoln, Slavery, and Popular Sovereignty

0
edit post
How to Find Coins Before They Get Listed on Binance or Coinbase

How to Find Coins Before They Get Listed on Binance or Coinbase

0
edit post
How Overuse of OTC Painkillers Is Silently Damaging Your Liver

How Overuse of OTC Painkillers Is Silently Damaging Your Liver

0
edit post
Green Lantern buys frozen fries co Tapugan for NIS 507m

Green Lantern buys frozen fries co Tapugan for NIS 507m

0
edit post
Pennsylvania House of Representatives Rejects Update to Child Custody Laws

Pennsylvania House of Representatives Rejects Update to Child Custody Laws

0
edit post
Green Lantern buys frozen fries co Tapugan for NIS 507m

Green Lantern buys frozen fries co Tapugan for NIS 507m

October 8, 2025
edit post
How to Find Coins Before They Get Listed on Binance or Coinbase

How to Find Coins Before They Get Listed on Binance or Coinbase

October 8, 2025
edit post
Monsoon and crop risks remain key to price volatility ahead: Pushan Sharma

Monsoon and crop risks remain key to price volatility ahead: Pushan Sharma

October 8, 2025
edit post
Dollar rallies as US shutdown drags on, weighing on confidence

Dollar rallies as US shutdown drags on, weighing on confidence

October 7, 2025
edit post
Meteora AG reveals $MET tokenomics; 48% of supply to circulate at TGE

Meteora AG reveals $MET tokenomics; 48% of supply to circulate at TGE

October 7, 2025
edit post
Is AI Really Coming After Your Job?

Is AI Really Coming After Your Job?

October 7, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Green Lantern buys frozen fries co Tapugan for NIS 507m
  • How to Find Coins Before They Get Listed on Binance or Coinbase
  • Monsoon and crop risks remain key to price volatility ahead: Pushan Sharma
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.