Federal Reserve officials in September were strongly inclined to lower interest rates, with the only dispute seeming to be over how many cuts were coming, meeting minutes released Wednesday showed.
The meeting summary indicated near unanimity among participants at the Federal Open Market Committee that the central bank’s key overnight borrowing rate should be cut due to weakness in the labor market.
Key Points- Fed
officials in September were strongly inclined to lower interest rates,
with the only dispute seeming to be over how many cuts were coming,
meeting minutes released Wednesday showed.
- The “dot plot” of
individual members’ expectations showed the group split 10-9, with the
slim majority expecting two more cuts before the end of the year.
- Officials grew concerned with the state of the labor market, which they saw as weakening as upside threats to inflation continued though they still expected it to ease back to the Fed’s 2% target.
...more
RSK: We can only hope...I believe there will be at least one more cut. Not sure about two.
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- - Volume: 25 - WEEK: 42 Date: 10/14/2025 12:21:53 PM -