Fed Minutes Show Split on Key Interest Rate Cut

Fed minutes show split on key interest rate cut

WASHINGTON — Some Federal Reserve officials who supported cutting a key interest rate earlier this month could have instead backed keeping the rate unchanged, minutes released Tuesday show, underscoring the divisions and uncertainty permeating the central bank.

Federal Reserve Minutes Reflect Ongoing Divergence Over Interest Rates - The Thinking Conservative News

The Federal Reserve’s Dec. meeting proved far more fractured than the final vote suggested, underscoring the persistent split in policymakers’ views. The post Federal Reserve Minutes Reflect Ongoing Divergence Over Interest Rates appeared first on The Thinking Conservative News.

Fed Minutes Show Concern Over Upside Risk to Inflation, Downside to Jobs

The FOMC minutes suggest a wat-and-see viewpoint.

Fed minutes reflect wide division among board members amid above-target inflation

The Corner Bankinter | Fed minutes reflected a wide division among board members. They correspond to the meeting held on 9-10 December and acknowledge a wide-ranging internal debate regarding the decision to cut rates. A few board members who had supported the cut acknowledged that they could also have supported the option of maintaining rates, given the various risks facing the economy. Specifically, six of them could have opposed the cut, alth…

Interest rates could be on hold ‘for some time,’ Fed minutes show