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A divided Fed sees more rate cuts ahead this year: FOMC minutes
Yahoo Finance· 2025-10-08 19:01
There was some division at the Federal Reserve's last meeting about whether to cut interest rates and by how much, though most agreed the central bank could cut rates further in 2025. “Most judged that it likely would be appropriate to ease policy further over the remainder of this year,” according to the minutes from the Federal Market Open Committee's Sept. 16-17 meeting, which were released Wednesday. The Fed at that meeting decided to reduce rates by a quarter point, in its first reduction of 2025. ...