Banking and Lending

Fed Minutes: Most Officials Favored September Cut

Fed Minutes: Most Officials Favored September Cut

By Christopher Rugaber | The Associated Press | August 22, 2024 | Reprints | Unlock Link

The minutes of the Fed’s July 30-31 meeting, released Wednesday, said the “vast majority” of policymakers “observed that, if the data continued to come in about as expected, it would likely be appropriate to ease policy at the next meeting.”