Fed Officials Divided on Future Rate Cuts

Federal Reserves internal disagreement on interest rate cuts grows, with key policymakers warning of slowing inflation progress. Chair Jerome Powell faces challenges in building consensus, as some regional bank presidents express concerns about further rate reductions. The public debate highlights the complexity of the current economic situation and the difficulty in making policy decisions.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.