Most Fed officials see rate cuts coming, but opinions vary widely on how many, minutes show
- Most Federal Reserve officials expressed caution about immediate interest rate cuts, with only a couple believing that cuts could happen this month.
- President Trump has called for immediate and steep interest rate cuts and suggested that Fed Chair Jerome Powell should resign.
- The Fed's minutes indicated that while some expected rate cuts later in the year, there was significant disagreement regarding the outlook, with seven policymakers predicting no cuts this year.
- Policymakers agreed to take a careful approach in adjusting monetary policy, waiting for more clarity on inflation and economic activity.
16 Articles
16 Articles
Fed minutes show narrow support for rate cut in July — but there’s a big divide brewing
Only "a couple" of officials at the Federal Reserve's June 17-18 meeting said they felt interest rates could fall as soon as this month, with most policymakers remaining worried to some degree about the inflationary pressure they expect to come from President Trump's use of import taxes to reshape global trade.
Fed officials see its `moderately to modestly restrictive' policy as well positioned: FOMC minutes
With "current monetary policy moderately or modestly restrictive," Federal Reserve officials felt they are "well positioned to wait for more clarity on the outlook for inflation and economic activity," the minutes said.
Fed minutes show narrow support for rate cut later this month
Only "a couple" of officials at the Federal Reserve's June 17-18 meeting said they felt interest rates could fall as soon as this month, with most policymakers remaining worried to some degree about the inflationary pressure they expect to come from President Donald Trump's use of import taxes to reshape global trade.
Fed Minutes Show Committee Split Around Inflation Worries
The emerging divide among Federal Reserve officials over the outlook for interest rates is being driven largely by differing expectations for how tariffs might affect inflation, a record of policymakers’ most recent meeting showed.
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Bias Distribution
- 45% of the sources are Center
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