[Internal Fed Divisions Over December Rate Cut Intensify] Nick Timiraos, known as the 'Fed's mouthpiece,' stated that internal divisions within the Federal Reserve over a potential rate cut in December have intensified. Such a level of disagreement is almost unprecedented during Fed Chair Jerome Powell's nearly eight-year tenure. Officials are debating which poses a greater threat—inflation or a sluggish labor market—and even the restoration of official economic data has struggled to bridge the divide. Although investors believe a rate cut at the Fed's next meeting is likely, the divisions have complicated the planning process.