Minutes from a Nov. 6-7 meeting showed that Federal Reserve policymakers favored lowering rates “gradually.” By Jeanna Smialek Minutes from the Federal Reserve’s November meeting offered ...
Minutes from the Federal Reserve policy committee's most recent meeting show that central bankers favor a cautious approach to cutting their benchmark interest rate.
In short, the Fed is seeing the best of both worlds: an economy growing steadily with inflation headed toward its target, albeit maybe a little slower than had been anticipated. The Fed confirmed this ...