At Federal Reserve meetings, rates are set by a majority vote of the central bank’s 12-person policy committee, the Federal Open Market Committee. It includes the seven Fed governors, the president of ...
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Is preferential voting a runoff?
The author is the editor-in-chief at the JoongAng Sunday. I decided to write this after hearing Democratic Party (DP) Supreme Council member Kang Deuk-gu. At the party’s leadership meeting on Friday, ...
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