Reported 19 days ago
The Federal Reserve's recent half-point interest rate cut, while perceived as a significant policy shift, may have garnered only a slim majority approval among its 19 policymakers. Despite the formal dissent from Fed Governor Michelle Bowman, analysts suggest that additional members may have expressed reservations or supported the decision reluctantly. With differing projections among policymakers regarding future rate cuts, this decision opens the door for potentially aggressive monetary easing, though the internal consensus appears to be frail.
Source: YAHOO