Reported about 8 hours ago
Three US central bank officials voiced their discontent with the recent interest rate cut, emphasizing the need to address persistent inflation. Dallas Fed President Lorie Logan and Cleveland Fed President Beth Hammack indicated a preference for keeping rates steady, reflecting a growing debate within the Federal Reserve ahead of its December meeting. Chair Jerome Powell stated that another rate cut is not guaranteed, amid concerns about balancing labor market support with inflation control.
Source: YAHOO