Most Fed officials see rate cuts coming, but opinions vary widely on how many, minutes show

Kelly, the Fed minutes from the meeting in June on June 17th show that all participants view the view it as appropriate to maintain the Fed funds rate at 4 and a quarter to 4.5%. Now, the committee said it was well positioned to wait for more clarity on the outlook for inflation and economic activity. Also, a couple of participants they say noted that they would be open to considering rate cuts as soon as the next meeting that is July, but obviously that's the minority position here.Participants note uh dow ...