Two officials voted to keep the rate unchanged, while Stephen Miran, whom Trump appointed in September, voted for a half-point cut.
For some investors, they bet on a vehicle known as "Federal Funds futures" to hedge. For others, it's just that — a bet.
“Marketplace” host Kai Ryssdal spoke with Austan Goolsbee, president and CEO of the Federal Reserve Bank of Chicago, about Fed independence, what the government shutdown means for federal data, and inflation risks.
The latest edition includes comments from community bankers, real estate brokers, farm-implement suppliers—you name it.