FOMC Minutes Reveal Split Fed, But More Rate Cuts Likely in 2025
The FOMC minutes from the Federal Reserve’s September 16–17 meeting paint a nuanced picture: the Fed is divided internally over how aggressively to cut interest rates, but the majority still expect further rate cuts in 2025. The minutes underscore lingering concerns about inflation, diverging views on economic strength, and increased attention to signs of labor market weakness.
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