It's reasonable for the Fed to be split at this point, says fmr. Fed Governor Frederic Mishkin
Youtube·2025-12-31 05:07
The just released minutes from the Fed's last meeting show a deeply divided central bank with a tight split voting in favor of a rate cut. Here now with fresh reaction, former Federal Reserve Governor and Columbia University professor of economics Frederick Michigan. Uh, Professor Michigan, so I guess maybe no surprise we have a a bit of a split uh committee, some disagreement.Is this just the natural outgrowth of, you know, rates being not too far from neutral and and being far of the mark on on either man ...