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Few Federal Reserve Officials Hint at Possible Rate Cut in September
Summary: According to reports from FXStreet, the minutes of today's Federal Reserve policy meeting show that despite two officials holding opposing views advocating for a rate cut, the decision to maintain rates received widespread support. A few officials hinted at possibly supporting a rate cut at the meeting on September 16-17, believing that the impact of ...
According to reports from FXStreet, the minutes of today's Federal Reserve policy meeting show that despite two officials holding opposing views advocating for a rate cut, the decision to maintain rates received widespread support. A few officials hinted at possibly supporting a rate cut at the meeting on September 16-17, believing that the impact of tariff increases on consumer prices is lower than expected, which may alleviate inflation concerns. However, the 'hawkish' officials focusing on inflation point out that price pressures have increased since the last month's meeting.
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Link: Few Federal Reserve Officials Hint at Possible Rate Cut in September [Copy]
