Bloomberg: Federal Reserve officials increasingly divided over long-term interest rate planning
According to news on December 2, Bloomberg reported that after lowering interest rates by more than 1 percentage point, Federal Reserve officials are now considering where to stop—only to find that internal disagreements are greater than ever before. Over the past year or so, expectations for where interest rates should ultimately settle have shown the largest divergence since at least 2012, when the Fed began publishing related estimates. This has led to an unusually public split: whether to cut rates again next week, and what actions to take thereafter.
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