2026-05-02 11:42:12
Three Federal Reserve Presidents Oppose Rate-Cut Language on May 2, Signaling Possible Hikes
According to Wall Street Journal, three regional Federal Reserve presidents—Lorie Logan, Neel Kashkari, and another—opposed maintaining the phrase "next move more likely to be a rate cut" in this week's policy statement on May 2, signaling that the next rate adjustment could be either a hike or a cu