Fed Minutes Cautiously Hint at More Rate Cuts. The Path Ahead Is Anything But Clear.
Barrons·2025-10-09 04:05
Most Federal Reserve officials said it would likely be appropriate to further lower interest rates this year, though they expressed concerns over still-elevated inflation at their latest policy meeting. "Participants generally judged that upside risks to inflation remained elevated and that downside risks to employment were elevated and had increased,†read the minutes. Policymakers noted that, if rates were lowered significantly in the current circumstances and inflation stays above target, long-term price ...