Fed officials expect they will need to resume lowering interest rates eventually—they just aren’t ready to do it this week.
The questions dividing them center on what evidence they need to see first, and whether waiting for that clarity turns out to be a mistake.
https://x.com/nicktimiraos/status/1950003049478394024?s=46&t=1vlQfdo9pC4lN6kyv0vNbQ