"Fed Whisperer": Powell's Vote Could Determine Whether He Can Continue to Compete for the Position of Fed Chairman.

"Federal Reserve Whisperer" Nick Timiraos said that in this not-so-suspenseful meeting outcome, Federal Reserve Board member Waller's voting stance may be under extra scrutiny. Waller is one of President Trump's potential candidates to replace Powell as Federal Reserve chairman. If he votes in favor of a rate cut, it may prolong his previously slim chances of being appointed; if he votes with the majority of officials to keep rates unchanged, it may strengthen his image as an independent voice, but could also cost him the position.