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December Rate Cut in Doubt as Fed Fault Lines Deepen, Minutes Show

The central bank’s decision to lower interest rates last month was more divisive than it first appeared as officials splintered over how to weigh a weakening labor market against rising inflation.

Colby Smith
Author: Colby Smith

Written by

Colby Smith

in

Federal Open Market Committee, Federal Reserve System, Inflation (Economics), Interest Rates, Labor and Jobs, Powell, Jerome H, Trump, Donald J, United States Politics and Government
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