Federal Reserve meeting notes: Several participants said it may be appropriate to consider suspending or slowing down balance sheet reductions until the debt ceiling issue is resolved.
The meeting notes that a 25 basis point rate cut will help support growth and better balance inflation risks.
Nick Timiraos, the Fed's megaphone, pointed to Fed meeting notes as further evidence that officials are broadly willing to keep rates on hold at their upcoming meeting at the end of the month. "Participants indicated that the committee is at or near the appropriate level to slow the pace of policy easing," the meeting notes said. Based on their current outlook for economic activity, officials believe the Fed is likely to continue cutting rates at a slower pace than in recent months.
Fed meeting notes: Participants said that if the data performed as expected, it would be appropriate to continue the gradual move towards a more neutral policy stance.
Fed meeting notes: Participants said the Fed is at or near a point when it is appropriate to slow the pace of easing.
The Bank of Japan meeting notes that members agreed that the Bank of Japan will continue to raise interest rates if economic and price trends meet expectations.
The Bank of Canada meeting notes that the decision to cut interest rates by 50 basis points was a difficult choice to make.
The Bank of Canada meeting notes: This group of members said a 50 basis point cut seems unlikely to bring interest rates below required levels in the next few meetings.
The Bank of Canada meeting notes: The decision to cut interest rates by 50 basis points reflects the lower than expected growth outlook and the fact that monetary policy no longer needs to be significantly restrictive.
The Federal Reserve may pause interest rate cuts at its upcoming meeting.