Fed's Rate Cut: Disagreements and Future Uncertainty
Update: 2025-12-11
Description
The Federal Reserve lowered interest rates for the third time, aiming to make borrowing cheaper. However, they hinted at a pause in further cuts, potentially disappointing President Trump. Three officials dissented, marking the most dissents in six years, indicating significant disagreements within the committee. Some members believe lower rates could boost employment, while others prefer to keep rates steady due to inflation being slightly above target. Future meetings may be contentious as these differing opinions persist.
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