Fed officials split on timing and need for next rate move – Fed’s Susan Collins signals pause on further rate cuts – News Air Insight

The most recent quarter-point rate cut to 3.75%-4.00% drew dissent from Kansas City Fed’s Jeffrey Schmid, who preferred no change, and Governor Stephen Miran, who wanted a larger half-point cut. Since then, several Fed members, including St. Louis Fed’s Alberto Musalem and Vice Chair Philip Jefferson, have also urged caution amid limited data availability.