From:
Former Federal Reserve Governor and Columbia Business School Professor Frederic Mishkin appeared on CNBC’s Closing Bell to discuss the congressional divide over cutting inflation rates following the release of new Federal Reserve meeting minutes. Mishkin explained that disagreement within the Fed is reasonable given mixed economic signals and lingering inflation risks. He noted that policymakers must balance progress on inflation with concerns about economic slowdown, emphasizing that internal debate reflects a cautious and data-driven approach rather than policy disarray.
