At the January 2026 Federal Open Market Committee (FOMC) meeting, the voting body chose to leave interest rates unchanged. The Federal Reserve’s dual mandate of price stability and maximum employment have been at crossroads the past few months; inflation has trickled up, but the labor market shows signs of softness. At the January meeting, concerns…
As annual inflation remains above 2% and the labor market shows weakness, the Federal Reserve has been split in recent months over the direction of monetary policy. The past year has seen split votes among the Federal Open Market Committee (FOMC) voting committee on interest rates-setting; the July FOMC, for instance, saw Fed Governors Michelle…
At a recent public appearance at Oxford University, Federal Reserve Board Governor Christopher Waller confirmed that he plans to vote for a 25-basis-point cut at the next Federal Open Market Committee (FOMC) meeting in December. However, during a subsequent Q&A, Waller foretold that observers may find there is currently less “groupthink” at the Fed. The…