Fed Minutes Reveal Deep Divisions Over Future Rate Cuts
TL;DR Summary
The December interest rate cut by the Federal Reserve was a close call, with significant divisions among officials over whether to cut or hold rates, influenced by concerns over a weak job market and persistent inflation, amid delayed economic data due to a government shutdown.
- December interest rate cut was a close call for some Fed officials, minutes show AP News
- Fed minutes show officials were in tight split over December rate cut CNBC
- Division at the Fed: Some officials want to keep interest rates on hold "for some time" Axios
- Federal Reserve minutes highlight deep fissures at US central bank Financial Times
- Fed Minutes Detail Deep Divide on Timing of Further Rate Cuts The New York Times
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