Reported about 1 month ago
As inflation declines and labor market growth slows, the Federal Reserve faces a critical decision on whether a quarter-point interest rate cut will be adequate to sustain economic expansion. Recent job reports indicate the slowest hiring pace since the pandemic began, prompting varying opinions among Fed officials. While some advocate for aggressive rate cuts to prevent a deep recession, others warn of potential inflation risks. The outcome of these discussions could shape the Fed's approach in the coming months.
Source: YAHOO