MNI: mni: FED MEMBERS STRONGLY DIFFERED ON DEC CUT-MINUTES

Nov-19 19:00
  • MNI: FED MEMBERS STRONGLY DIFFERED ON DEC CUT-MINUTES
  • FED: SEVERAL PARTICIPANTS SAW DECEMBER CUT AS APPROPRIATE
  • FED: MANY SUGGESTED KEEP RATES STEADY FOR REST OF YEAR
  • FED: MOST SAW FURTHER CUTS LIKELY APPROPRIATE OVER TIME
  • FED: MOST AGREED FURTHER CUTS COULD ADD TO INFLATION
  • FED: ALL AGREED POLICY NOT ON A PRESET COURSE
  • FED STAFF: RESERVES TO DIP TO QUITE LOW LEVELS AT TIMES
  • FED STAFF BRIEFING ON SRF, CENTRAL CLEARING