Fed Minutes To Shed Light On Rate Cut Path Amid Ongoing Government Shutdown

The Minutes of the United States (US) Federal Reserve’s (Fed) September 16-17 monetary policy meeting will be published on Wednesday at 18:00 GMT.   At this meeting, the US central bank decided to cut the policy rate by 25 basis points (bps) to the range of 4%-4. 25%, but Fed Governor Stephen Miran preferred to lower the Fed funds rate by 50 bps. Jerome Powell and Company Opted To Reduce Policy Rate in September The Federal Open Market Committee (FOMC) decided to cut the interest rate by 25 bps in September, as widely anticipated source: https://beincrypto.com/fomc-minutes-fed-rate-cut-outlook-us-government-shutdown/