According to WSJ, the Federal Reserve’s October minutes showed a split over a possible December rate cut, with many officials saying a cut would not be appropriate and several saying it could be. Nick Timiraos noted that “Many” is greater than “several.” The minutes also flagged risks from elevated asset valuations, with a few officials warning that a sudden reassessment of AI-related prospects could trigger disorderly equity declines. https://t.co/MmjW0Q4dpj ...