The central bank’s policymaking panel judged it would be “appropriate to ease policy further over the remainder of this year.”
Key Facts
“Almost all” of the Fed’s Federal Open Market Committee expected a 25-basis-point cut to interest rates in September, while the “vast majority” projected two cuts by the end of the year, and “around half” expected three.
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USA — Financial Fed Divided On Additional Interest Rate Cuts—‘About Half’ Favor Two More This...