Four US Fed policymakers favour more rate cuts, but differ on pace

Quick Summary:

The remarks provide a small taste of what's expected to be a broad but closed-door debate of the appropriate path for policy at the Fed's upcoming policy meeting, on Nov.

After Friday, US central bankers will observe a communications blackout -- abstaining from any public comments on their monetary policy views -- until the Fed announces its policy decision at the close of the two-day meeting on Nov.7.

The Fed last month cut the policy rate by a bigger-than-expected half of a percentage point.

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Category: BusinessFinance

Markets: India

Topics: Interest rate cut US interest rate cut US economy US fed

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Article Type: News Report

Published On: 2024-10-22 @ 23:31:37 (1 weeks ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 812 words

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