The Federal Reserve released the minutes of its September meeting, revealing that while most officials believe the risk of high inflation has decreased, there are concerns about tapering policy too quickly. Participants warned that premature or excessive easing of monetary policy could hinder progress in fighting inflation. The minutes also highlighted uncertainty regarding the long-term neutral interest rate, leading many to agree that a gradual reduction in policy restrictions would be the most prudent approach. Some participants suggested a 50 basis point cut, while others favored a smaller 25 basis point cut for rates. Ultimately, all members supported a rate cut, with several officials indicating they would prefer a 25 basis point cut. The minutes referenced the July meeting, where there was a general consensus for more significant easing.
- Content Editor ( en.bitcoinsistemi.com )
- 2024-10-09
BREAKING: Critical FED Minutes Released – Here’s What You Need to Know