Published 3 months ago • loading... • Updated 3 months ago

Fed officials see interest rate cuts ahead, but only ‘gradually,’ meeting minutes show

Federal Reserve officials expressed confidence that inflation is easing and the labor market is strong, allowing for further interest rate cuts albeit at a gradual pace.
Policymakers noted that current inflation readings are being boosted by shelter cost increases that are expected to slow as rent increases ease.
Federal Reserve officials expressed caution about cutting interest rates too quickly, adding uncertainty about their next moves due to elevated inflation.

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voz.us

Federal Reserve foresees gradual interest rate cuts if inflation continues to fall

Federal Reserve (Fed) officials were optimistic about the decline in inflation and the strength of the labour market, which could open the door to further cuts in interest rates that would be implemented gradually.Read more]]>

3 months ago

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UPI

Fed says it believes inflation will continue to fall; possible rate cuts ahead

Despite inflation in some sectors remaining outside the Federal Reserve's benchmark of 2%, officials indicated they are pleased with the current easing of interest rates, and more gradual cuts may follow.

3 months ago·Washington, United States

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RTÉ

US Fed sees interest rates coming down 'gradually'

US Federal Reserve officials expect inflation to keep cooling, signaling a gradual approach to interest rate cuts if price increases ease further and the job market remains strong, minutes of their recent meeting showed last night.

3 months ago·Ireland

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NOQ Report

+4 Reposted by 4 other sources

Fed Expects to ‘Gradually’ Lower Interest Rates

(The Epoch Times)—The Federal Reserve anticipates that interest rate cuts will be implemented gradually, according to recently released minutes from the November 6–7 meeting of the policy-making Federal Open Market Committee (FOMC). At that meeting, FOMC members overwhelmingly voted to lower the federal funds rate by 25 basis points, to a new range of 4.5–4.75 percent, signaling further loosening of restrictive monetary policy. The meeting summa…

New Hampshire Union Leader

Fed cites volatility, uncertainty as reasons to go slow on rate cuts

WASHINGTON: Federal Reserve officials appeared divided at their meeting earlier this month over how much farther they may need to cut interest rates, but as a group agreed to avoid giving much guidance from here on about how U.S. monetary policy is likely to evolve. © New Straits Times Press (M) Bhd

3 months ago·Malaysia

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VINnews

Federal Reserve Officials Signal Cautious Path for Rate Cuts Amid Still-High Inflation

WASHINGTON (AP) — With inflation still elevated, Federal Reserve officials expressed caution at their last meeting about cutting interest rates too quickly, adding to uncertainty about their next moves. Even if inflation continued declining to the Fed’s 2% target, officials said, “it would likely be appropriate to move gradually” in lowering rates, according to minutes […]

3 months ago

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