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Fed Members Divided on December Rate Cut as Market Odds Swing
Fed Members Divided on December Rate Cut as Market Odds Swing
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BTCCSquare news:
Federal Reserve officials remain split on whether to cut interest rates in December, with market expectations whipsawing between 30% and 70% likelihood this week. The lack of consensus among FOMC voters suggests a contentious decision ahead, as hawkish members push to maintain restrictive policies while doves advocate for neutrality.
New York Fed President John Williams, a key voice, hinted at potential cuts but emphasized inflation control remains paramount. The October meeting minutes revealed most voting members opposed near-term easing, setting up a clash between economic cooling signals and persistent price pressures.
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