By CHRISTOPHER RUGABER, Associated Press

WASHINGTON (AP) — A majority of Federal Reserve policymakers expressed support in late October for further interest rate cuts, though not all committed to making the reduction at their next meeting in December, according to minutes released Wednesday.

At the same time, many officials said “it would likely be appropriate” to keep rates “unchanged for the rest of the year,” a sign of strong divisions among policymakers about the central bank’s next steps.

Related Articles

McDonald’s is losing its low-income customers. Economists call it a symptom of the stark wealth divide

ICE crackdown heightens barriers for immigrant domestic violence victims

Nvidia earnings will shed a light on whether Big Tech is fueling an AI boom or bubble

Arrests now

See Full Page