Reported about 4 hours ago
Recent minutes from the Federal Reserve indicate that officials are open to cutting interest rates at their upcoming meetings, but rising inflation poses a significant challenge. Despite a recent rate cut, concerns about high inflation and a sluggish job market complicate policymakers' decisions, as they aim to balance growth and price stability. With inflation surpassing the Fed's 2% goal and job growth slowing, uncertainty remains regarding future rate cuts.
Source: YAHOO