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Fed: Not everyone on board with a 50-bps rate cut – OCBC
The key takeaway from the US Federal Reserve’s (Fed) minutes of its 17/18 Sep 2024 Federal Open Market Committee (FOMC) meeting was that, while all participants agreed that it was appropriate to ease the stance of monetary policy in September, but not everyone was on board with the decision of a 50-bps rate cut, OCBC FX analysts Frances Cheung and Christopher Wong note.Fxstreet
Fri, Oct 11
Fed's Williams doesn't rule out skipping a November rate cut
According to reporting by the Wall Street Journal, Federal Reserve (Fed) Bank of Atlanta President Raphael Bostic is open to the idea of skipping a rate cut in November if economic data still hasn't aligned with the Fed's target figures in time.Fxstreet
Thu, Oct 10
