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Most Fed officials see rate cut
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Minutes from the Fed’s June policy meeting tease at a looming split over whether and when officials will resume rate cuts.
Federal Reserve officials on Wednesday collectively penciled in two quarter-point cuts to interest rates by the end of 2025, matching expectations in the market. Policymakers’ median estimate of ...
Reuters. FILE PHOTO: Neel Kashkari, president and CEO of the Federal Reserve Bank of Minneapolis, speaks during an interview with Reuters in New York City, New York, U.S., May 22, 2023.
Federal Reserve Bank of Minneapolis President Neel Kashkari is sticking to his view that cooling inflation will allow the world's most important major central bank to cut its policy rate twice ...
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