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Fed speeches reveal split that puts rate cut in jeopardy: persistent inflation vs ‘low-hire, low-fire’ labor market
fortune.com/2025/11/18/federal-reserve-split-interest-rate-cut-inflation-labor-market
What was once seen as a near-certain cut in interest rates next month now looks more like a coin flip as Federal Reserve officials sharply disagree over the economy’s health and whether stubborn inflation or weak hiring represent a bigger threat.
In several speeches in the past week, some…
This story appeared on fortune.com, 2025-11-18 22:12:20.