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Former Fed Vice Chair Lael Brainard says she'd back a December rate cut as cracks form 'under the hood'

From finance.yahoo.com

The inflation fight may be nearing the end, but the political one is just beginning. Former Federal Reserve vice chair Lael Brainard said she would support a rate cut at the central bank's December meeting, warning that cracks are forming "under the hood" of an economy increasingly defined by an AI-fueled divide. "I would be concerned about the weakening labor market," the veteran economist said at Yahoo Finance Invest 2025. "I think I would take the risk that perhaps tariffs push prices higher for a little longer against the risk that we really see a self-reinforcing downturn in the business sector that leads to real ... (full story)

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