institutional access

You are connecting from
Lake Geneva Public Library,
please login or register to take advantage of your institution's Ground News Plan.

Published loading...Updated

Most Fed officials see rate cuts coming, but opinions vary widely on how many, minutes show

UNITED STATES, JUL 9 – Federal Reserve officials expect multiple interest rate cuts in 2025 amid slowing consumer spending and tariff-related inflation risks, with a median forecast of two cuts this year.

  • In June 2025, members of the Federal Reserve unanimously decided to maintain the benchmark lending rate within the 4.25% to 4.5% range for the fourth consecutive meeting.
  • Officials remain divided due to uncertainty about tariffs' impact on inflation and signs of a weakening labor market and economic conditions.
  • June data showed job growth of 147,000 and an unemployment rate falling to 4.1%, but slower private sector gains and declining consumer spending added concern.
  • Bowman and Waller suggested possible rate cuts as soon as the July 29-30 meeting, while some officials expect only a few cuts this year amid cautious forecasts.
  • This mixed outlook suggests the Fed may wait for clearer inflation and economic signals before making moves, balancing growth risks against tariff-driven price pressures.
Insights by Ground AI
Does this summary seem wrong?

37 Articles

All
Left
7
Center
7
Right
5
Lean Right

The Mexican peso pressed again after the minutes of the last meeting of the Federal Reserve (Fed), which showed divergence among the participants on the course that monetary policy would have to take. As a result, the Mexican currency was placed at 18,6284 pesos per dollar, a level that recorded a depreciation of 0.18 percent or 3.41 cents, according to the figures reported by the Bank of Mexico (Banxico). According to Gabriela Siller, director …

·Mexico
Read Full Article
Lean Left

US central bankers are beginning to diverge on policy, according to a report of their discussions published on Wednesday: some are ready to lower interest rates, others fear the impact of customs duties on inflation.

·Montreal, Canada
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 37% of the sources lean Left, 37% of the sources are Center
37% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Fortune broke the news in New York, United States on Wednesday, July 9, 2025.
Sources are mostly out of (0)