Fed Minutes Reveal Deep Divisions and Possible Rate Cuts in 2026

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Source: CBS News
Fed Minutes Reveal Deep Divisions and Possible Rate Cuts in 2026
Photo: CBS News
TL;DR Summary

The December Fed meeting revealed significant divisions among officials regarding a rate cut, with some supporting a pause due to uncertain economic data and concerns over inflation and a weak job market, leading to a 9-3 vote for a quarter-point reduction amidst ongoing debates about the economy's biggest threats.

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