The Federal Reserve will publish its next interest rate decision on October 29
News Nov 19, 2025 8:41 AM EST

Fed Split Deepens As December Rate Cut Hangs In The Balance

Governor Christopher Waller has pushed for a 25-basis-point cut, citing a weakening labor market, rising reports of layoffs, and softening private-sector hiring. He argued that inflation, once temporary price pressures are excluded, is moving closer to the Fed's 2% target.