U.S. Fed plans to gradually lower rates going forward: minutes

NAMPA / Xinhua

2024-11-27

WASHINGTON, Nov. 26 (Xinhua) -- U.S. Federal Reserve officials expressed confidence that inflation is easing, and are expected to gradually lower interest rates going forward, according to minutes from the Nov. 6-7 meeting released Tuesday. "Participants anticipated that if the data came in about as expected, with inflation continuing to move down sustainably to 2 percent and the economy remaining near maximum employment, it would likely be ap......

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