Federal Reserve officials remain sharply divided over the possibility of cutting interest rates in December: • Officials like Barr, Musalem, Schmid, Goolsbee and Collins oppose a rate cut next month. • Others Miran, Waller, Bowman, Williams and Cook support a reduction. • The positions of Chair Jerome Powell and Vice Chair Philip Jefferson are still unknown at this time.
These conflicting signals highlight the challenging policy landscape: elevated inflation, delayed labor data and growing concerns over financial stability complicate the outlook ahead of the Fed’s December meeting.
⚠️ This is not financial advice.
#economy #Fed #interestrates #inflation
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🔵 NEWS
Federal Reserve officials remain sharply divided over the possibility of cutting interest rates in December:
• Officials like Barr, Musalem, Schmid, Goolsbee and Collins oppose a rate cut next month.
• Others Miran, Waller, Bowman, Williams and Cook support a reduction.
• The positions of Chair Jerome Powell and Vice Chair Philip Jefferson are still unknown at this time.
These conflicting signals highlight the challenging policy landscape: elevated inflation, delayed labor data and growing concerns over financial stability complicate the outlook ahead of the Fed’s December meeting.
⚠️ This is not financial advice.
#economy #Fed #interestrates #inflation