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The Fed meeting notes that a 50 basis point cut is expected to bring rates "better in line" with the economy. Some participants said a 25 basis point cut could mean a more predictable path to normalisation.

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2024-10-10 02:02:02
Federal Reserve Reserve Conference minutes interest rate cut 50 basis point forecast make interest ratedesk3cryptocurrencydesktopCrypto News
The Fed meeting notes that a 50 basis point cut is expected to bring rates "better in line" with the economy. Some participants said a 25 basis point cut could mean a more predictable path to normalisation.
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U.S. short-term interest rate futures were little changed after the release of Federal Reserve meeting notes, still showing traders betting 25 basis points on a rate cut next month.
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Federal Reserve meeting notes: Some participants said they preferred a 25 basis point rate cut at the September meeting, while a few said they might support such a move. All officials supported a rate cut at the September meeting.

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