Federal Reserve officials at their September meeting agreed to cut interest rates but were unsure how aggressive to get, ultimately deciding on a half percentage point move in an effort to balance confidence on inflation with worries over the labor market, according to minutes released Wednesday.

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Reuters

United Kingdom

A "substantial majority" of Fed favored large cut in Sept, minutes show

A "substantial majority" of U.S. Federal Reserve officials at the central bank's September meeting supported beginning an era of easier monetary policy with an outsized half-point rate cut, but there appeared even broader agreement that the initial move would not commit the Fed to any particular pace of rate reductions in the future, according to just-released minutes of the two-day session.

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Media Bias/Fact Check

The Woodbridge Company

WASHINGTON, Oct. 9 (Xinhua) -- U.S. Federal Reserve officials were divided on the size of the rate cut in its recent policy meeting, according to the minutes of the Fed's Sept. 17-18 meeting released Wednesday. Read full story

The Star Kuala Lumpur

Star Media Group

Malaysia

U.S. Fed minutes show officials divided on half point rate cut in September

The Federal Reserve on Wednesday releases minutes from its Sept. 17-18 policy meeting.

CNBC

Roberts family

United States

Fed officials were divided on whether to cut rates by half a point in September, minutes show

Despite recent concerns among business leaders that the economy may enter a contraction some time in the next six months, U.S. central bankers see the economic outlook as fundamentally healthy. The minutes of the latest meeting by the Fed’s interest rate-setting committee show bankers to be confident in the U.S. economic situation over the current…

Fed shrugs off downturn concerns in latest minutes

The Hill

Nexstar Media Group

Washington

District of Columbia

During the recent Federal Reserve meeting in September, officials reached a consensus to reduce interest rates, yet they exhibited significant division regarding the extent of the cut. The minutes released on October 9 revealed that while a half-point reduction was ultimately decided upon, many members expressed uncertainty about this aggressive move, advocating instead for a more cautious approach, according to a detailed report by CNBC.

WION

Invesco

Noida

Uttar Pradesh

India

Fed officials divided on interest rate cuts: Insights from September meeting minutes

Federal Reserve Chair Jerome Powell received some pushback on a half-point interest-rate cut in September, as some officials preferred a smaller, quarter-point cut.

Bloomberg

Michael Bloomberg

The Vanguard Group

Howard Buffett

BlackRock

Fed Minutes Show Robust Debate About Size of September Rate Cut

This is what Fed officials discussed behind closed doors last month before agreeing on a big interest rate cut.

Forbes

Forbes family (publishers)

Fed Officials Were Divided Over Size Of Last Month’s Jumbo Interest Rate Cut, Minutes Show

A "substantial majority" of Federal Reserve officials supported the half-percentage point interest rate cut at the September meeting, according to minutes of the meeting released Wednesday.
Prior to the decision, there was a great deal of uncertainty in the market about whether the Fed would cut by

MarketWatch

Murdoch family

Fed minutes show a 'substantial majority' backed half-point cut

Officials said future pace of cuts not determined by large initial reduction

Business Live

Johannesburg

City of Johannesburg Metropolitan Municipality

Gauteng

South Africa

Fed minutes show majority favoured large September rate cut

Since the last FOMC meeting on September 18th, bonds have suffered a bloodbath while gold, stocks, and the dollar are all up modestly… Source: Bloomberg Despite the apparent dovish pivot, the market’s expectations for rate-cuts (this year and next) has plunged dramatically… Source: Bloomberg This should not come as a huge surprise as Powell’s raison […]

Zero Hedge

FOMC Minutes Show Fed Considerably More Divided Over Size Of Rate Cut - Nemos News Network

Fed officials were divided on whether to cut rates by half a point in September, minutes show

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