Shutdown Puts a Divided Fed in a Perilous Position

Some policymakers at the central bank are in a rush to lower interest rates after the Federal Reserve’s first cut this year, while others are urging caution.

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Fed Official Still Bracing for Economic Slowdown Despite China Tariff Pause

Austan D. Goolsbee, president of the Chicago Fed, said there was still a risk of higher consumer prices and slower growth amid elevated uncertainty about the White House’s trade policy.

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