Fed Gov. Adriana Kugler announces her resignation from the Fed Board effective August 8 ...Middle East

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With the president already licking his chops to appoint a new Fed chair, this gives him a total of two appointees. Recall he appointed both Bowman and Waller in his first term. Both of them dissented to ease rates at the last meeting.

Kugler was not at the meeting this week for "personal reasons". It seems like she recused herself from voting given her circumstances

This article was written by Greg Michalowski at investinglive.com.

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