Fed Chair Powell: Very unusual to have persistent tension between parts of dual mandate
CNBC Television·2025-12-10 20:21

Thank you, Colobby Smith with the New York Times. Um, today's decision was clearly very divided. It wasn't just the two official descents against the cut, but there were also soft descents from four uh others.And I'm just wondering if um this reluctance from several people to support recent reductions suggests that there is a much higher bar for cuts in the near term and and what exactly does the committee need to see um if things are well positioned right now um to support a January reduction. >> Sure. So ...