Reported about 6 hours ago
Minutes from the recent Federal Reserve meeting reveal that a majority of officials support further interest rate cuts this year, largely due to increased concerns over rising unemployment. The Fed cut its key rate by a quarter-point, but divisions remain among policymakers regarding the balance between encouraging economic growth and addressing persistent inflation. While some officials advocate for more aggressive cuts, others caution that inflation remains above the Fed's target, urging a more cautious approach.
Source: YAHOO