Fed Officials Oppose Rate Cuts Amid Inflation Concerns
TL;DR Summary
US Federal Reserve officials expressed disagreement over the recent interest rate cut, emphasizing concerns about inflation and the need for cautious policy adjustments, with debates ongoing about the appropriate stance as the economy balances growth and inflation control.
- Fed ‘Chorus’ Comes Out Against Latest Cut, Citing Inflation Bloomberg.com
- Dallas Fed’s Logan Says Central Bank Was Wrong to Cut This Rates Week The Wall Street Journal
- Fed officials’ opposition to rate cut signals growing challenge from hawks Financial Times
- Kansas City Fed’s Schmid wanted to hold rates steady this week on inflation concerns Yahoo Finance
- Fed's Logan says this week's rate cut was not needed, opposes one in December Reuters
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