What would the Fed do in a tie vote? It’s not clear, and the Bank of England had to break a deadlock this month
via fortune.com
Short excerpt below. Read at the original source.
The Federal Reserve is in uncharted waters after President Donald Trump took the unprecedented step to fire Fed Governor Lisa Cook, potentially adding to the turnover among policymakers and an expected rise in split votes. That raises the question of what would happen if there was a tie on the Federal Open Market Committee. There […]