caution
Fed internal split grows as rate cut odds fade, say officials
Federal Reserve officials are increasingly divided ahead of the December meeting, with some urging rate cuts amid a weak labour market, while others warn of stubborn inflation. According to internal commentary, the absence of clear economic data following the government shutdown is making decisions harder.
Some policymakers argue that cutting now could undermine long-term price stability, while dovish voices contend that a more accommodative policy is needed to support employment. The debate reflects deep uncertainty over the next move in U.S. monetary policy.
Tags:
- economy
- us
Apnews• By Harsh Ranjan
Explore:Mutual Fund Screening
caution
Fed internal split grows as rate cut odds fade, say officials
Federal Reserve officials are increasingly divided ahead of the December meeting, with some urging rate cuts amid a weak labour market, while others warn of stubborn inflation. According to internal commentary, the absence of clear economic data following the government shutdown is making decisions harder.
Some policymakers argue that cutting now could undermine long-term price stability, while dovish voices contend that a more accommodative policy is needed to support employment. The debate reflects deep uncertainty over the next move in U.S. monetary policy.
Tags:
- economy
- us
Apnews• By Harsh Ranjan
Explore:Mutual Fund Screening
1 min read
82 words
Fed officials are split on cutting rates in December due to mixed signals on inflation and jobs.
Federal Reserve officials are increasingly divided ahead of the December meeting, with some urging rate cuts amid a weak labour market, while others warn of stubborn inflation. According to internal commentary, the absence of clear economic data following the government shutdown is making decisions harder.
Some policymakers argue that cutting now could undermine long-term price stability, while dovish voices contend that a more accommodative policy is needed to support employment. The debate reflects deep uncertainty over the next move in U.S. monetary policy.
Federal Reserve officials are increasingly divided ahead of the December meeting, with some urging rate cuts amid a weak labour market, while others warn of stubborn inflation. According to internal commentary, the absence of clear economic data following the government shutdown is making decisions harder.
Some policymakers argue that cutting now could undermine long-term price stability, while dovish voices contend that a more accommodative policy is needed to support employment. The debate reflects deep uncertainty over the next move in U.S. monetary policy.
Tags:
- economy
- us
- economy
- us
- fed
- policy
- division