FOMC Minutes: “Most participants judged that the stance of policy, after a 25 basis point reduction at this meeting, would be well calibrated”

From the Fed: Minutes of the Federal Open Market Committee, October 29-30, 2019. A few excerpts: With regard to monetary policy beyond this meeting, most participants judged that the stance of policy, after a 25 basis point reduction at this meeting, would be well calibrated to support the outlook of moderate growth, a strong labor […]

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