The US Federal Reserve started a key interest rate meeting Tuesday, hours after Donald Trump's new appointee narrowly won confirmation to join the central bank -- while another top official fights her removal by the president.

Stephen Miran, the chair of Trump's Council of Economic Advisers, took the oath of office as a Fed governor early Tuesday, the bank said, as its rate-setting Federal Open Market Committee (FOMC) began a two-day policy gathering.

Miran narrowly won a Senate vote on Monday night, making him one of the FOMC's 12 voting members. Economists expect he will not radically shift this week's outcome.

There is little doubt that the Fed will make its first interest rate cut of 2025 after the latest gathering, as policymakers pivot towards shoring up a deteriorating jobs marke

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