It looks more and more like a coin flip as to whether the Federal Reserve will cut interest rates when policymakers meet next month, amid wide divides within the rate-setting committee.
Driving the news: Boston Fed president Susan Collins said Wednesday that she sees "several reasons to have a relatively high bar for additional easing in the near term." • That implies that she would oppose cutting rates at the Dec. 9-10 meeting of the Federal Open Market Committee, where she has a vote this year.
State of play: It's the latest sign that the Fed is experiencing some of the deepest divides in years on what direction it should take. Trump-appointed governors have advocated for further rate cuts, but several of their colleagues have serious misgivings amid elevated inflation. • The comme

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