Former Commissioner, U.S. Bureau of Labor Statistics
Appears in 1 story
Fired by President Trump in August 2025 after weaker‑than‑expected jobs data and revisions
The Federal Reserve cut interest rates by 25 basis points on December 10, 2025, in a deeply divided 9–3 vote—the most dissents in six years, bringing the funds rate to 3.5–3.75%. Minutes released December 30 revealed the decision was 'finely balanced,' with officials split over whether weak hiring or inflation poses the greater risk.
Updated May 10
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