Wednesday, August 21, 2019

Fed was divided on rate cut, wanted to avoid appearing on path for more cuts

Minutes from the two-day meeting released on Wednesday showed policymakers' ultimate decision to lower the central bank's benchmark interest rate by a quarter percentage point drew more opposition than was reflected in the rate-setting panel's 8-2 vote, announced after the meeting adjourned on July 31.

from Moneycontrol https://ift.tt/2ZlXSVY

No comments:

Post a Comment

  Finding symbol of isotops by proton and neutron