Meanwhile, Cleveland Fed President Beth Hammack, Dallas Fed President Lorie Logan and Minneapolis Fed President Neel Kashkari, none of whom have votes on rates this year on the policy-setting Federal Open Market Committee but will next year, all said they would have preferred not to reduce rates in October. "I'd find it difficult to cut rates again in December unless there is clear evidence that inflation will fall faster than expected or that the labor market will cool more rapidly," Logan said recently…
https://www.politico.com/news/2025/11/20/fed-jerome-powell-trump-00660065
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