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Fed Minutes Reveal Divide Over Size of Sep. Rate Cut
Fed Minutes Reveal Divide Over Size of September Rate Cut
Wednesday, pulled back the curtain on deliberations over why officials chose to make their first rate reduction since 2020 with a bolder half-point move.The decision to lower the benchmark rate to a range between 4.
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.
A 'substantial majority' of Fed favored large cut in Sept, minutes show
A "substantial majority" of U.S. Federal Reserve officials last month supported a half-point rate cut to start the turn towards easier monetary policy, but there appeared more universal agreement that the initial move would not commit the Fed to any particular pace of rate reductions in the future,
13h
on MSN
Stock market today: US stocks trade mixed with Fed minutes and rate outlook in focus
The Fed meeting minutes will be published later on Wednesday. Alphabet dipped about 1% as the DOJ indicated it could break up ...
13h
on MSN
Why the interest-rate cut isn't delivering the relief consumers were hoping for
The 10-year Treasury yield went above 4%, leaving consumers facing high borrowing costs despite the Fed's rate cut.
16h
on MSN
Jamie Dimon backs Jerome Powell’s rate cut strategy
"They were late raising rates but they raised very high, rapidly, to 5% which I think is the right thing," JP Morgan's Jamie ...
1d
on MSN
Fed Vice Chair Jefferson: rate cut aimed at keeping US job market strong
Federal Reserve Vice Chair Philip Jefferson on Tuesday said the U.S. central bank's half-percentage-point interest-rate cut ...
18h
on MSN
Dollar Set for Best Run of Gains Since 2022 as Fed Cut Bets Fade
The dollar is on track for its best run in more than two years as US economic resilience forces traders once again to rethink ...
17h
Treasury Yields Stay High as Fed Rate-Cut Expectations Ebb, Could Remain Volatile
The 10-year U.S. Treasury yield recently rose back up above 4%, where it remains as markets rethink the Federal Reserve's rate path, Kristina Hooper, chief global market strategist at Invesco, said in ...
1d
on MSN
Rate cuts were supposed to push mortgage rates lower. The opposite has happened.
Friday's blockbuster jobs report reinforced the surprising increase in mortgage rates, since economic strength means less ...
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