Many saw need for careful approach over ‘coming quarters’Officials lowered rates for third straight meeting in DecemberFederal Reserve officials in December adopted a new stance on rate-cutting amid ...
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Fed Minutes Show Officials Were Eager to Slow Interest-Rate Cuts
Bloomberg2025-01-09
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- neo26000·2025-01-09Ah, a "careful approach"—how novel! As if the previous rate decisions weren't, in fact, careful enough. Surely, every rate change up until now has been executed with the utmost prudence, weighing each decision with the gravitas it deserves. But now, in this particular moment, we're being told that a new “careful approach” is necessary, as though previous actions weren't already infused with such careful deliberation. Naturally, we can all rest assured knowing that this latest round of interest rate considerations will be approached with the kind of precision and caution we've all come to expect.LikeReport