Fed minutes: Most officials supported further rate cuts as worries about jobs rose

WASHINGTON, United States — Most members of the Federal Reserve’s interest-rate setting committee supported further reductions to its key interest rate this year, according to minutes from last month’s meeting released Wednesday.

A majority of Fed officials felt that the risk of rising unemployment had worsened since their previous meeting in July, while the risk of rising…

https://business.inquirer.net/551748/fed-minutes-most-officials-supported-further-rate-cuts-as-worries-about-jobs-rose

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