The Federal Reserve officials' differences on interest rate cuts emerged, and the dollar fell slightly
2025-11-04 08:00:17
The dollar weakened slightly on Tuesday as investors weighed in on comments by a number of Federal Reserve officials on Monday that highlighted divisions over whether to continue cutting interest rates. Mr. Goolsbee said he was in no hurry to cut rates again as inflation remained above his 2 per cent target, while another official, Mr. Milan, said current policy was "still too tight". Mr. Daley, San Francisco Fed chairperson, said he was "open" to another rate cut in December. Governor Tim Cook did not commit to further rate cuts. (Kim 10)
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