FOMC Preview: This One Could Get Crazy

The Federal Reserve is widely expected to cut by 25bps at Wednesday, Setp 17 meeting to 4.00-4.25%, with a very small probability priced for a larger 50bps rate cut, while only two analysts, out of 107, surveyed by Reuters expect a 50bps move.

Governors are seated around the FOMC table in order of seniority, with the most senior immediately to the chair's left.

Miran will take Kugler's seat (the last chair on the table seat on the right) on the same corner as Lisa Cook, with one seat (Michael Barr) in between https://t.co/iVr4chzjoW pic.twitter.com/pap0lYNesg

— Nick Timiraos (@NickTimiraos) September 16, 2025