Fed Officials Differ on Need for Rate Cuts Despite Rising Recession Fears
- Mester suggests Fed could be close to confidence for rate cuts in next few months, wants more data
- Kashkari says rate cuts depend on inflation progress; not needed if it stalls
- Goolsbee sees inflation still on track to 2% target despite recent blips
- Barkin says Fed has time for clarity before cutting rates as economy slows
- Harker says inflation still too high, not where Fed needs it to be