Fed minutes show robust debate about size of September rate cut
As some members believe, the large adjustment made by chair Jerome Powell conflicted with their decision of gradually reducing interest rates.
US Fed official says one or two more rate cuts 'likely' this year
The US Federal Reserve is recalibrating policy to focus on the labour market
Fed's Collins: Half-point rate cut was prudent given risks
Federal Reserve Bank of Boston President Susan Collins said on Wednesday that it was “prudent” for Fed officials to lower rates by a half percentage point in September as inflation eases and the economy becomes more vulnerable to shocks, per Bloomberg.
Fed's Daly: One or two more Fed rate cuts likely this year
Federal Reserve Bank of San Francisco President Mary Daly said on Wednesday that she "fully" supported the Fed's half of a percentage-point interest-rate cut last month.
Some Fed Officials Were On The Fence About Its Super-Sized Rate Cut
It turns out that policymakers at the Federal Reserve were more divided about the decision to make a super-sized cut to borrowing costs in September than the committee’s final vote indicated.
Breaking: Fed Minutes said a 50 bps rate cut was backed by majority of officials
The Minutes of the US Federal Reserve’s (Fed) September 17-18 monetary policy meeting will be published on Wednesday at 18:00 GMT.
Fed Officials Were Divided Over Size Of Last Month’s Jumbo Interest Rate Cut, Minutes Show
This is what Fed officials discussed behind closed doors last month before agreeing on a big interest rate cut.
Fed minutes show robust debate about size of September rate cut
United States Federal Reserve chair Jerome Powell received some pushback on a half-point interest-rate cut in September, as some officials preferred a smaller, quarter-point cut.
Logan Says Fed Should Cut 'Gradually' Amid Economic Uncertainty
(Bloomberg) — Federal Reserve Bank of Dallas President Lorie Logan said the central bank should lower interest rates at a slower pace following an unusually large rate cut last month.
last updated on 10 Oct 10:22