Minutes from the Federal Reserve’s Dec. 9-10 FOMC meeting show most officials favor further rate cuts if inflation eases, though they remain divided on timing and size. | Photo credit: SARAH SILBIGER/Reuters Most Federal Reserve officials saw additional interest rate cuts as appropriate as long as inflation declines over time, though they remained divided on […]
Federal Reserve President John Williams told CNBC on Friday that he sees no immediate need to follow last week’s rate cut with another cut in borrowing costs, adding that new inflation data is plagued by distortions. Williams said he has “no sense of urgency about having to move forward now on monetary policy because I […]