Fed minutes: Most officials supported further rate cuts as worries about jobs rose

Fed minutes: Most officials supported further rate cuts as worries about jobs rose

A majority of Fed officials felt that the risk that unemployment would rise had worsened since their previous meeting in July, while the risk of rising inflation “had either diminished or not increased,” the minutes said. As a result, the central bank decided at its Sept. 16-17 meeting to reduce its...

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