Reported 17 days ago
Federal Reserve officials are currently divided on how to adjust interest rates, with some advocating for significant cuts to address a weakening labor market, while others prioritize controlling inflation. This discord is heightened by the challenges posed by rising inflation and potential job losses, making it difficult for the Fed to forge a unified strategy. Disagreements are becoming evident in recent meetings, as members weigh the risks associated with their dual mandate to maintain low inflation and high employment.
Source: YAHOO