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Federal Reserve meeting notes: Some participants noted that a 25 basis point rate cut was justified at the July meeting.

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2024-10-10 02:00:37
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Federal Reserve meeting notes: Some participants noted that a 25 basis point rate cut was justified at the July meeting.
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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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The Fed meeting notes that the vast majority of members support a 50 basis point cut in interest rates.

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