Three directors appointed by Trump support a rate cut, but one vote is still needed. However, four local Fed chairmen are hesitant, fearing that a rate cut might trigger inflation.

The key figure has become the director appointed by Biden—Cook! She focuses on employment data and has not made a statement so far. More dramatically, Trump has warned the Supreme Court that he wants to fire her, with the hearing set for January next year. Now, Cook's vote is not just an economic vote, but also a 'political survival vote #美联储会议纪要将公布 .