Fed Officials Divided on Next Rate Cut | A Real Estate Professional serving Silicon Valley since 1993

Fed members are split ahead of the October meeting, with some supporting a half-point cut while others back a slower approach.

Powell and other leaders warn that job market risks are rising as hiring cools and layoffs increase.

Inflation remains above target, but many policymakers stress the need to protect employment and stabilize growth.

Markets are betting on a larger October cut, expecting more easing before the end of the year.