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Many participants at the Fed's Nov. 6-7 meeting said uncertainty about the level of the neutral interest rate made it appropriate to gradually reduce policy restrictions, according to Fed meeting notes.

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2024-11-27 03:01:10
Federal Reserve Reserve Bank Meeting Minutes Show Federal Reserve November 11 2018 Meetingdesk3cryptocurrencydesktopCrypto News
Many participants at the Fed's Nov. 6-7 meeting said uncertainty about the level of the neutral interest rate made it appropriate to gradually reduce policy restrictions, according to Fed meeting notes.
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Fed meeting notes: Staff noted that lowering the overnight reverse repo rate by five basis points would bring it in line with the bottom of the target range for the federal funds rate and could put some downward pressure on other money market rates.
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Some participants said easing could accelerate if the labor market weakens or economic activity falters.

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