Federal funds rate

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Fed minutes show more rate cuts likely through 2020

Aug 21, 2019By

The Federal Reserve released the minutes Wednesday from its July Federal Open Markets Committee meeting, showing that more rate cuts are likely through the end of 2020. But one expert points out the decision was not without its opponents. In fact, the Fed minutes reveal a sharp division between some committee members on the rate cut decision.

3d rendering of a row of luxury townhouses along a street

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