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The Fed is the most divided it's been in more than a decade
CNBC· 2025-12-10 19:46
There were three dissenters from the Federal Reserve's decision to lower the federal funds rate by a quarter percentage point on Wednesday, making it the most divisive the central bank has been in more than a decade. Chicago Fed President Austan Goolsbee joined Kansas City Fed President Jeffrey Schmid in voting for no decrease. The newest member, Federal Reserve Governor Stephen Miran, again called for a half-point cut. It is the third dissent in a row for Miran, who called for a half-point rate cut in both ...