Fed minutes to offer clues on how far and fast officials can cut
27/11/2024 5:55
Several Federal Reserve officials have signaled they’re open to cutting interest rates at a more deliberate pace next year as they grapple with the uncertainties of a Republican takeover in Washington, a pickup in productivity and slower improvement on inflation.
Minutes of the Federal Open Market Committee’s Nov. 6-7 meeting, set for release at 2 p.m. in Washington, could provide more clues on whether policymakers are rethinking how fast and how far to lower borrowing costs.
Source: Bloomberg
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