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Fed’s Goolsbee, Schmid Offer Reasons for Rate Cut Dissent
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Why This Matters
Federal Reserve Bank of Chicago President Austan Goolsbee and Federal Reserve Bank of Kansas City President Jeff Schmid explained their dissent against the US central bank's interest rate cut, citing reasons in separate statements.
Market Impact
Market impact analysis based on bearish sentiment with 69% confidence.
Sentiment
Bearish
AI Confidence
69%
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
Federal Reserve Bank of Chicago President Austan Goolsbee and Federal Reserve Bank of Kansas City President Jeff Schmid explained their reasons for dissenting against the US central bank’s decision to cut interest rates this week in separate statements released on Friday. Michael McKee reports on Bloomberg Television. (Source: Bloomberg)
Original article published by
Bloomberg
on December 12, 2025.
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Analysis and insights provided by AnalystMarkets AI.