Fed Officials Disagree on Interest Rate Cut

Federal Reserve officials debate potential interest rate cut amidst shifting sentiment and concerns over inflation. A rate cut could boost consumer spending and business borrowing, but also risk higher inflation. The likelihood of a quarter-point cut has surged to nearly eighty-five percent, reflecting a growing consensus among key officials.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.