Fed Rate Cut Debate: Divided Opinions

U.S. Federal Reserves Potential December Rate Cut: A Divided FedNew York Fed President John Williams hints at a possible December rate cut, citing current monetary policy as slightly restrictive. Traders anticipate this move, while Boston Fed President Susan Collins and Dallas Fed President Lorie Logan argue for maintaining current rates, citing resilient economy and balanced labor market. The debate intensifies amidst delayed economic data releases.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.