How many Fed governors dissented from the July 2025 rate decision?

Question

Accepted Answer

At the July 29–30, 2025 Federal Open Market Committee meeting, the FOMC voted 9-2 to maintain its federal funds rate at 4.25%–4.50%. Governors Michelle W. Bowman and Christopher J. Waller—both appointed by President Donald Trump—cast the two dissenting votes, each preferring a 25-basis-point reduction to a 4.00%–4.25% target range (, ). It marked the first time two governors of the seven-member Board of Governors formally dissented on an FOMC decision since December 1993, highlighting an uncommon split at the Fed’s highest policymaking level ().

How many Fed governors dissented from the July 2025 rate decision?

Explanation

Related Questions

PRINCIPLE

EXPLORE

RESOURCES