FOMC minutes: 'A couple' participants said they would be open to considering July cut

FOMC minutes: 'A couple' participants said they would be open to considering July cut

Minutes of the June FOMC meeting

FOMC Minutes Hint at July 30 Rate Cut as Crypto Markets Hold Steady

The Federal Reserve’s latest minutes, released Wednesday, show that most policymakers expect interest rate cuts to begin this year, possibly as soon as July 30. The minutes from the June 17–18 meeting confirmed the central bank kept its benchmark rate at 4.25% to 4.50%.  Fed Aligned On At Least One Rate Cut in 2025 Policymakers agreed inflation had eased but remained “somewhat elevated.” Also, uncertainty around the outlook had diminished, thoug…