Fed meeting notes: "Several" officials say December rate cut "likely" to be appropriate "Many" officials think December rate cut may not be appropriate

According to Fed meeting notes, "several" officials said a December rate cut was "probably" appropriate, and "many" officials thought a December rate cut might not be appropriate. "Many" officials favored an October rate cut, "some officials" disapproved, and "some" officials who supported an October rate cut could have supported a hold-off.