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Fed officials see interest rate cuts ahead
Fed officials see interest rate cuts ahead, but only 'gradually,' meeting minutes show
Federal Reserve officials expressed confidence that inflation is easing and the labor market is strong, allowing for further interest rate cuts albeit at a gradual pace, according to minutes from the November meeting released Tuesday.
Fed Leaning Toward ‘Gradual’ Future Interest Rate Cuts
The Fed has lowered interest rates by a total of 75 basis points over its last two meetings, but further rate cuts may be sparse.
Fed Kept Options Open on Rate Cuts, Minutes Show
The account of the central bank’s Nov. 6-7 meeting, released on Tuesday, showed that Fed officials still planned to cut interest rates further. But with the job market holding up better than expected and the economy growing at a solid clip, they are in no rush to slash them rapidly.
2h
on MSN
Fed cites volatility, uncertainty as reasons to go slow on rate cuts
Federal Reserve officials appeared divided at their meeting earlier this month over how much farther they may need to cut ...
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2h
Federal Reserve Officials Signal Cautious Path for Rate Cuts
In September, the
Fed
signaled it would reduce its key
rate
as many as four times next year, but since then investors and ...
6d
on MSN
The Fed's rate cuts will spark a $2 trillion exodus from money-market funds, Apollo chief economist says
Money-market funds have attracted record inflows since 2022. That money is set to flow back to the market as rates come down ...
1d
on MSN
Russell 2000 hits record high on Trump policy, Fed rate-cut optimism
The Russell 2000 index tracking small cap companies in the U.S. hit a record high on Monday, boosted by expectations of tax ...
1d
on MSN
Fed's Key Inflation Measure Likely Stayed Above-Target In October
The Federal Reserve's preferred measure of inflation likely stayed too hot for comfort in October, though possibly not hot ...
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