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Fed minutes show divide over October rate cut and cast doubt about December
CNBC Televisionยท2025-11-19 20:00

I would say hawkish minutes from that October meeting and maybe more hawkish than the market already expected. Many at this meeting in the October meeting suggested it was appropriate to keep the funds rate unchanged for the rest of the year. Only several supported further cuts.These are confusing minutes with a lot of back and forth. Clearly there was a big debate at this meeting about the October cut and about December cuts. Let me go through some of the headlines.Most were concerned that rate cuts could ...