Fed Officials Divided on Interest Rates

Tension rises within the Federal Reserve as officials disagree on interest rates, with Decembers meeting approaching. New York Fed President John Williams suggests a rate cut, contradicting recent hawkish comments. Powells silence allows for debates, with some officials now preferring to keep rates steady. The December decision is highly anticipated, with potential impacts on the economy.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.