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Fed Officials Cite Inflation Concerns in Defending Dissents

The Federal Reserve’s meeting this week was the most divisive in decades, a sign that President Trump’s pick to lead the central bank will face opposition if he pursues substantially lower interest rates.

First seen · 1:02 PM UTCMay 1, 2026

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The New York Times
LeftThe New York Times Company
Fed Officials Cite Inflation Concerns in Defending DissentsThe Federal Reserve’s meeting this week was the most divisive in decades, a sign that President Trump’s pick to lead the central bank will face opposition if he pursues substantially lower interest rates.
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