CONCLUDED Fed Cuts Rates by a Quarter Point, as Expected, and Sees 2 More Cuts This Year Last Updated: 3 hours ago Miran's Addition to FOMC Unlikely to Steer Path of Rate Policy By Megan Leonhardt The Fed's Jerome Powell took questions from the media on Wednesday. (Getty Images) Powell downplayed the power of any single voter to sway Fed rate policy—even one who happens to have the backing of the White House. In responding to a reporter's question about how much influence Miran may have over rate policy, Po ...