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Stock impact report

Sharp disagreements over economy threaten Federal Reserve interest rate cut [Yahoo! Finance]

M&T Bank Corporation (MTB) 
Last m&t bank corporation earnings: 4/20 06:37 am Check Earnings Report
US:NYSE Investor Relations: finance.yahoo.com/quote/m
Company Research Source: Yahoo! Finance
sharply disagree over the economy's health and whether stubborn inflation or weak hiring represent a bigger threat. In several speeches in the past week , some policymakers have registered greater concern over persistent inflation in an echo of the “affordability” concerns that played a large role in elections earlier this month At the same time, another camp is much more concerned about meager hiring and the threat that the "low-hire, low-fire“ job market could worsen into one where layoffs become more widespread. The turmoil on the Fed's 19-member interest-rate setting committee reflects a deeply uncertain economic outlook brought about by multiple factors, including tariffs artificial intelligence , and changes in immigration and tax policies. “It's reflective of a ton of uncertainty,” said Luke Tilley, chief economist at M&T Bank. “It's not surprising at all that there's a wide divergence of opinions.” Fewer rate cuts by the Fed could leave borrowing costs for homes and Show less Read more
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