Federal Reserve Implements Rate Cuts Amid Mixed Signals and Dissent
TL;DR Summary
The Federal Reserve has cut interest rates to the lowest in three years amid a government shutdown that has limited access to key economic data, leading to internal debates among officials about future policy moves, with some dissenting from the majority decision and uncertainty about whether further cuts will occur in December.
- Federal Reserve cuts rates to lowest level in three years CNN
- Federal Reserve cuts key rate yet Powell says future reductions are not locked in AP News
- Dow Slips After Powell Dims Hopes for December Rate Cut The Wall Street Journal
- Fed cuts interest rates for 2nd time this year, but rejects large reduction sought by Trump ABC News - Breaking News, Latest News and Videos
- There were two Fed dissenters: Miran wanted a bigger cut and Schmid voted for no easing at all CNBC
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