US EditionFOMC Deeply Divided over Timing of December Rate Cut – Commerzbank
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Less than two weeks of the important meeting together with the Fed, the uncertainty about what will be the decision of the central bank of the United States, which shows a divide of the usual bit and n has given it to small ones relevant to base the most accurate op.
FOMC deeply divided over timing of December rate cut – Commerzbank
Fed Chair Jay Powell had already indicated in the last meeting: The Federal Open Market Committee (FOMC) is currently deeply divided in terms of the timing of further rate cuts. This has become more than clear through the recent statements of various members.
Four members of the Federal Reserve (Fed) expressed their views on a tax cut over the weekend in December.While Susan Collins, president of the Boston Fed, and Lorie Logan, president of the Dallas Fed, expressed their position for keeping the rates unchanged, John Williams, president of the New York Fed, and Stephen Miran, governor of the U.S. central bank, were in favour of a cut. “I see reasons to doubt” about reducing the cost of short-term l…
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