Federal Reserve wrestles with decision over how aggressively to cut interest rates
13/9/2024 6:28
The Federal Reserve faces a close call on whether to cut US interest rates by a larger than expected half-point next week or go with a quarter-point move, as officials wrestle with how quickly to ease monetary policy.
Questions over the size of the cut come as futures markets increasingly price in a more modest quarter-point reduction from the Fed when its pivotal meeting concludes on Wednesday.
Source: Financial Times
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