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Fed Chair Powell announces controversial new rate cut decision
Youtube· 2025-12-11 03:20
So the Federal Reserve has now cut rates again. Third meeting in a row, a 25 basis point cut this time. This is there were three dissents to this cut.Uh the first time there were three descents in about six years. So September of 2019. In this meeting, Steven Myron desented because he would like to see a half a percent cut.And then on the other side of this, Kansas City Fed President Jeff Schmid as well as Chicago President President Austin Goulby wanted to keep the things keep pause rate cuts where we are ...