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The Federal Reserve July Meeting Voter Count Drops to 11
BlockBeats News, July 29th: Federal Reserve Governor Lael Brainard will be absent from this week's policy meeting due to personal reasons, meaning that the number of voting members for this interest rate decision will be reduced to 11. Although Governors Waller and Bowman may dissent and support a rate cut, the committee still has a sufficient majority to keep the interest rate unchanged. There is no substitute for Governor Brainard's seat, but the President's vote can serve as a replacement. (FXStreet)
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