Fed September minutes may show whether 50 bps rate cut was a slam dunk or a hard sell
- Posted on October 9, 2024
- By Business News Today
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Fed September minutes may show whether 50 bps rate cut was a slam dunk or a hard sell
Minutes of the U.S. Federal Reserve's half-a-percentage-point rate cut last month, to be released on Wednesday, may provide a final word on just how divided policymakers were over a decision that took many economists by surprise and sparked the first dissent from a member of the Board of Governors in 19 years.
