Fed Kept Options Open on Rate Cuts, Minutes Show
The account of the central bank’s Nov. 6-7 meeting, released on Tuesday, showed that Fed officials still planned to cut interest rates further. But with the job market holding up better than expected and the economy growing at a solid clip, they are in no rush to slash them rapidly.
The last two Fed meetings resulted in rate cuts. Short-term CD rates have continued to lower, but some long-term CD rates are ...
Despite inflation in some sectors remaining outside the Federal Reserve's benchmark of 2%, officials indicated they are ...
The latest inflation data will likely reinforce the central bank’s cautious approach when it meets to decide on cutting ...
Federal Reserve officials appeared divided at their meeting earlier this month over how much farther they may need to cut ...
Federal Reserve officials indicated broad support for a careful approach to future interest-rate cuts as the economy ...
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