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First Light News: Fed Officials Divided as December Rate Cut Remains Uncertain
FX Empire· 2025-11-04 09:18
Fed Officials DividedUS Treasury yields advanced across the curve on Monday, pushing the benchmark 10-year yield to 4.10%. In a week full of Fed speak, several key voices made the airwaves yesterday, including Fed Governors Lisa Cook and Stephen Miran – both of whom are voters – as well as Chicago Fed President Austan Goolsbee and San Francisco Fed President Mary Daly. Evidently, internal division within the Fed remains a concern. Miran continues to advocate for bumpier 50-bp rate cuts, while Goolsbee expre ...