Back to today’s briefing

Story perspectives

Fed Divided on December Rate Cut Amid Uncertainty

11/9/2025

27 3

Summary

Story summary

Federal Reserve officials remain divided on whether to cut rates in December amid inflation and data gaps from the shutdown.
Two months without key employment reports hinder their assessment of the economy and policy.
Some officials favor caution, while others, including U.S. President Donald Trump’s appointee, push for action.
Fed Chair Jerome Powell says a rate cut is not guaranteed, and data gaps keep December uncertain.

1 of 1

Story summary

Federal Reserve officials remain divided on whether to cut rates in December amid inflation and data gaps from the shutdown.
Two months without key employment reports hinder their assessment of the economy and policy.
Some officials favor caution, while others, including U.S. President Donald Trump’s appointee, push for action.
Fed Chair Jerome Powell says a rate cut is not guaranteed, and data gaps keep December uncertain.