Central Banks
Fed Minutes Show Officials Prefer Future Rate Cuts to Be Gradual
- Uncertainty about neutral rate also supports gradual approach
- Labor market risks have ‘decreased somewhat,’ officials say
This article is for subscribers only.
Federal Reserve officials indicated broad support for a careful approach to future interest-rate cuts as the economy remains solid and inflation slowly cools, minutes from their latest policy meeting showed.
Listen to the Here’s Why podcast on Apple, Spotify or anywhere you listen