US EditionDeep Divide Inside Fed Raises Questions About Timing of Further Rate Cuts
7 Articles
7 Articles
Deep divide inside Fed raises questions about timing of further rate cuts
Federal Reserve officials are grappling with two fundamental questions as they confront both rising unemployment and elevated inflation. How much more should they lower borrowing costs, and when should they deliver that relief?
The members of the Federal Open Market Committee (FOMC) of the United States Federal Reserve (Fed) were divided at their last meeting on December 10, when they chose to cut interest rates by 25 basis points and bring them to the range of 3.50% to 3.75%, but see further cuts on the horizon. "Most participants considered that it would be appropriate to make further downward adjustments in the target range for interest rates if inflation decreases …
Bankinter Market Consensus The Fed minutes reflected a wide division among the councillors. They corresponded to the December 9-10 meeting and recognized a wide internal debate regarding the decision to reduce rates. A few councillors, of whom they had supported the reduction, acknowledged that they could also have supported the option of maintaining them, because of the different risks faced by the economy. Specifically, six of them could have…
The Federal Reserve (Fed) published the minutes of the last monetary policy meeting in which it decided to reduce the interest rate by 25 basis points in a range of 3.50% to 3.75% and in which it became clear that the decision was deeply divided.According to the document of the Federal Open Market Committee (FOMC), the reduction in the interest rate was approved by a vote of 9 votes in favour and 3 against, the largest number of dissenting votes…
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Forbes EspañaThe members of the Federal Open Market Committee (FOMC) of the United States Federal Reserve (Fed) were divided at their last meeting on December 10, when they chose to cut interest rates by 25 basis points and bring them to the range of 3.50% to 3.75%, but see more cuts on the horizon.
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