Federal Reserve meeting notes dollar strengthening
2024-10-09 12:58:42
BBH analysts said in a note that Fed meeting notes to be released tonight were likely to show some Fed officials had opposed a 50 basis point cut before being persuaded to vote for a majority. Bowman, the Fed governor, was the only dissenter at the September 18 meeting to kick-start monetary easing, voting for a 25 basis point cut. The prospect of the Fed hinting at another 25 basis point cut next month has since provided some support for the dollar.
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