Fed Faces Division as Inflation Cools

The Personal Consumption Expenditures index indicates cooling inflation, but a Federal Reserve member opposes a rate cut due to persistent inflation concerns.

An artistic depiction of fluctuating financial graphs and currency symbols, highlighting the concept of inflation and economic indicators.
Fed Faces Division as Inflation Cools

The Personal Consumption Expenditures index showed cooling inflation, though a Fed member dissented on the rate cut due to remaining inflation concerns.

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