Federal Reserve officials sparred over whether rate cuts risk credibility on inflation
Policymakers who will vote on rates next year remain divided on the path forward.
Last updated: 2025-12-15 22:17:32 ET
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Policymakers who will vote on rates next year remain divided on the path forward.
There are indications that policymakers will be more inclined to cut further if the labor market stays weak.
Policymakers in Europe may face growing pressure to also lower interest rates if the pace of easing significantly weakens the dollar.
The Federal Reserve voted to cut its benchmark interest rate on Wednesday. This was the Fed's third rate cut since September, but policymakers signaled they expect to make fewer rate cuts next year.
The partnership between the two advocacy groups was the latest move in efforts by US and UK policymakers to work closer together on crypto regulation.