Fed officials’ opposition to rate cut signals growing challenge from hawks
Two regional central bank presidents say they would have kept interest rates on hold this week
Two regional central bank presidents say they would have kept interest rates on hold this week

Central bank says it will halt quantitative tightening programme amid signs of stress in money markets

Policymakers sparred over decision to cut interest rates earlier in December

Hawkish tone from Austan Goolsbee contrasts with market expectations for reduction next month

Three top US central bankers object to move in biggest revolt since 2019

Market expectations of further easing in December have almost halved as a split among Fed officials appears to widen

Central bank governor says August jobs report will be pivotal in setting direction of monetary policy