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Fed Officials Cite Inflation Concerns in Defending Dissents

By NYTimes May 01, 2026 Neutral
Fed Officials Cite Inflation Concerns in Defending Dissents
The Federal Reserve's meeting this week was the most divisive in decades, a sign that President Trump's pick to lead the central bank will face opposition if he pursues substantially lower interest rates.
The Federal Reserve's meeting this week was the most divisive in decades, a sign that President Trump's pick to lead the central bank will face opposition if he pursues substantially lower interest rates.