Federal Reserve minutes highlight deep fissures at US central bank
Policymakers sparred over decision to cut interest rates earlier in December
Policymakers sparred over decision to cut interest rates earlier in December

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

Pressure from Donald Trump and concerns over economic growth open schism among central bank’s officials

Wall Street cheers plans that would water down protections designed to avoid repeat of 2008 financial crisis

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

Internal challenges to the authority of the chair may prove to be a safeguard of the central bank’s overall credibility

Market Questions is the FT’s guide to the week ahead