Fed Officials Divided on Interest Rates
Update: 2025-12-13
Description
Federal Reserve officials are divided on interest rates, with some prioritizing inflation control and others focusing on job market health. Recent rate cuts have sparked controversy, leading to a potential bargaining process over future adjustments. Cleveland Fed President Beth Hammack advocates for a more restrictive stance, while San Francisco Fed President Mary Daly supports the recent cuts. This ongoing debate underscores the Feds complex challenge in balancing inflation control with economic growth and employment.
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