Fed's Powell: Internal Division on Interest Rates

Federal Reserve Chair Jerome Powell acknowledges internal disagreements on interest rate decisions, with conflicting views on the economys direction. The upcoming leadership change adds complexity, as the next chair must navigate divided votes and potentially thin majority. Economic datas influence and the next chairs credibility will be crucial in achieving consensus.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.