Divide inside the Fed is getting stronger, minutes show. Is Powell in trouble?

The Federal Reserve is no longer speaking with one voice, breaking the hearts of economic nerds everywhere. The minutes from the June 17–18 meeting show real cracks opening up inside the room, with policymakers clashing over how soon, and how deep, interest rate cuts should go. Everyone agreed to hold rates steady at 4. 25% to […] source: https://www.cryptopolitan.com/divide-inside-the-fed-is-getting-stronger/