Fed Officials Viewed July Rate Cut as ‘Recalibration’ of Policy

United States News News

Fed Officials Viewed July Rate Cut as ‘Recalibration’ of Policy
United States Latest News,United States Headlines
  • 📰 WSJ
  • ⏱ Reading Time:
  • 2 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 63%

Fed officials saw their rate cut as a recalibration rather than the start of a more aggressive easing cycle, minutes from their July meeting show

The minutes of the July 30-31 meeting, released on Wednesday, also showed officials believed uncertainty surrounding the Trump administration’s trade policy wasn’t likely to let up anytime soon, creating a “persistent headwind” for the U.

S. economic outlook.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

WSJ /  🏆 98. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The Fed will cut rates five more times before April, analysts predictThe Fed will cut rates five more times before April, analysts predictThe U.S. Federal Reserve will cut interest rates five more times by April 2020, according to analysts at Danske Bank.
Read more »

It wouldn't be surprising if the Fed cuts rates, policy expert saysIt wouldn't be surprising if the Fed cuts rates, policy expert saysPresident Trump continues to blast the Fed and Chairman Powell for not moving fast enough to lower interest rates. This comes as Fed officials get ready to gather at the annual Jackson Hole Economic Policy Symposium. Nellie Liang, senior fellow at the Brookings Institution, and Vincent Reinhart, chief economist at BNY Mellon, join 'Squawk Box' to discuss.
Read more »

Fed sees tariffs as 'persistent headwind' to economic growthFed sees tariffs as 'persistent headwind' to economic growthFederal Reserve members worried over future growth are highly concerned about the U.S.-China tariff battle
Read more »

Fed members affirm 'mid-cycle adjustment,' see no 'pre-set course' for cuts, minutes showFed members affirm 'mid-cycle adjustment,' see no 'pre-set course' for cuts, minutes showCNBC's Ylan Mui reports on the latest Federal Reserve meeting minutes. The minutes show that the board considers a rate cut as 'recalibration' and that trade policy has elavated uncertainty.
Read more »

Fed debated bigger rate cut, wanted to avoid appearing on path for more cutsFed debated bigger rate cut, wanted to avoid appearing on path for more cutsFed debated cutting interest rates more aggressively at last meeting, although central bankers were united in wanting to avoid the appearance of being on a path to more rate cuts
Read more »

Trump slams Fed Chair Powell: 'He’s like a golfer who can’t putt'Trump slams Fed Chair Powell: 'He’s like a golfer who can’t putt'President Donald Trump continued his months-long criticism of Federal Reserve Chair Jerome Powell on Wednesday.
Read more »



Render Time: 2025-03-06 16:29:56