Miran Wanted a Bigger Rate Cut–Schmid Wanted None

CONCLUDED Fed Meeting Today: Interest Rates, Quantitative Tightening, Powell Speech, and More Last Updated: Updated 4 hours ago Miran Wanted a Bigger Rate Cut–Schmid Wanted None By Sabrina Escobar Stephen Miran (L) and Jeffrey Schmid (R) (Getty Images(1); Bloomberg (1)) Fed governor Stephen Miran and Kansas City Fed President Jeffrey Schmid were the sole dissenting votes at the October FOMC meeting. Miran voted against the committee's decision to cut interest rates by a quarter of a percentage point, prefer ...