Axios
Two President Trump-appointed Fed officials favor interest rate cuts as soon as next month. Seven of their colleagues don’t envision cutting rates this year at all.
It amounts to the biggest divide over the proper course for policy in years, one with delicate political optics as the Trump administration and some Republican lawmakers beat the drum for lower rates.
The tension boils down to whether the Fed should hold back from adjusting policy, despite falling inflation in backward-looking data, because of the inflation risks ahead due to tariffs.
READ THE FULL STORY
The post The Fed Sees Biggest Divide over Rate Cuts in Years first appeared on The Arizona Sun Times.
Click this link for the original source of this article.
Author: Admin
This content is courtesy of, and owned and copyrighted by, https://arizonasuntimes.com and its author. This content is made available by use of the public RSS feed offered by the host site and is used for educational purposes only. If you are the author or represent the host site and would like this content removed now and in the future, please contact USSANews.com using the email address in the Contact page found in the website menu.
