Fed policy divide sharpens; Brainard flags labor market risks, supports December easing

Fed Policy Divide Intensifies

Former Fed Vice Chair Lael Brainard shared insights on CNBC’s Squawk Box Asia, noting a growing divide between hawks and doves at the U.S. central bank regarding future policy.

Labor Market Concerns

Brainard highlighted signs of a weakening U.S. labor market and suggested that a rate cut in December is warranted, emphasizing that the Fed is not lagging in its responses.