Fed Rate Cut Split! 9-3 Vote Shock! Trump Tariffs Fueling Inflation?
Did the Federal Reserve's December rate cut pass by the skin of its teeth? Minutes reveal a shockingly divided committee, with officials split on whether to lower rates amidst concerns about inflation versus supporting the labor market. This tight vote, the most dissenting since 2019, signals deep uncertainty about the future direction of monetary policy. Furthermore, President Donald Trump's tariffs were cited as a factor contributing to inflation, adding another layer of complexity. With new members rotating in, the Fed faces a challenging year ahead as they navigate economic data and the path of inflation. Subscribe now for breaking financial insights.
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