Fed's October minutes released: December rate cut just became a coin flip

Core Viewpoint - The Federal Reserve's October meeting minutes indicate significant disagreement among officials regarding the appropriateness of another interest rate cut in December following a recent quarter-point reduction to a range of 3.75%-4% [1] Summary by Categories Interest Rate Decisions - The Federal Reserve lowered interest rates by a quarter-point in late October, bringing the target range to 3.75%-4% [1] - There is a notable division among Federal Reserve officials about the potential for further rate cuts in December [1]