![Fed officials were divided on whether to cut interest rates by half a point in September, meeting minutes showed Fed officials were divided on whether to cut interest rates by half a point in September, meeting minutes showed](https://wb-news.com/wp-content/uploads/2024/10/Fed-officials-were-divided-on-whether-to-cut-interest-rates-600x400.jpeg)
Fed officials were divided on whether to cut interest rates by half a point in September, meeting minutes showed
WASHINGTON — Federal Reserve officials agreed at their September meeting to cut interest rates but weren’t sure how aggressive they would be, ultimately deciding to take a half-percentage-point step in an attempt to balance confidence in inflation with concerns about the labor market, according to meeting minutes released on Wednesday. . The meeting summary explained…