Federal Reserve Minutes Reveal Divisions and Potential Rate Cuts

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Source: The Guardian
Federal Reserve Minutes Reveal Divisions and Potential Rate Cuts
Photo: The Guardian
TL;DR Summary

The US Federal Reserve's December meeting revealed a deep divide among officials over interest rate cuts, with most supporting a modest reduction to support the labor market amid economic uncertainties, but concerns remain about inflation and economic slowdown, leading to cautious outlooks and expectations of holding rates steady in the near future.

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