The Federal Reserve on Wednesday released the minutes from the central bank's monetary policy meeting last month, which showed that while policymakers anticipate further interest rate cuts, they remain committed to bringing inflation back to its 2% target.The Federal Open Market Committee (FOMC), which guides the Fed's monetary policy moves, voted in September to lower the benchmark federal funds rate by 25 basis points to a range of 4% to 4.25%. That move cut interest rates for the first time in 2025, but came as inflation remained elevated the Fed's longer-run 2% inflation target. The most r...

6 days ago

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