No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Thursday, October 23, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Markets

Most Fed officials see rate cuts coming, but opinions vary widely on how many, minutes show

by TheAdviserMagazine
4 months ago
in Markets
Reading Time: 3 mins read
A A
Most Fed officials see rate cuts coming, but opinions vary widely on how many, minutes show
Share on FacebookShare on TwitterShare on LInkedIn


Federal Reserve officials diverged at their June meeting about how aggressively they would be willing to cut interest rates, split between concerns over tariff-fueled inflation and signs of labor market weakness and economic strength.

Minutes from the June 17-18 meeting released Wednesday showed that policymakers largely held to a wait-and-see position on future rate moves. The meeting ended with Federal Open Market Committee members voting unanimously to hold the central bank’s key borrowing rate in a range between 4.25%-4.5%, where it has been since December 2024.

However, the summary also showed a growing divide over how policy should proceed from here.

“Most participants assessed that some reduction in the target range for the federal funds rate this year would likely be appropriate,” the minutes said, as officials saw tariff-induced inflation pressures as potentially “temporary and modest” while economic growth and hiring could weaken.

How far the cuts could go, though, was a matter of debate.

Opinions ranged from a “couple” officials who said the next cut could come as soon as this month to “some” who thought no reductions this year would be appropriate. Though the minutes do not mention names, Fed Governors Michelle Bowman and Christopher Waller have gone on record saying they could see their way to cutting rates as soon as the July 29-30 Fed meeting if inflation stays under control.

At the same time, “several” officials said they thought the current overnight funds rate “may not be far” from a neutral level, meaning only a few cuts may be ahead. Those officials cited inflation still above the 2% goal amid a “resilient” economy.

In Fed parlance, some is more than several.

Officials at the meeting updated their projections for rate cuts, expecting two this year followed by three more over the next couple years. However, the “dot plot” of individual members’ outlooks reflected division over the extent of cuts.

The release comes with President Donald Trump ramping up pressure on Fed Chair Jerome Powell and his cohorts to cut aggressively. In public statements and on his Truth Social site, Trump has lambasted Powell, going as far to call for his resignation.

Powell has said repeatedly that he won’t bow to political pressure when it comes to setting monetary policy. For the most part, he has joined the cautious approach, insisting that with a strong economy and uncertainty over inflation, the Fed is in a good position to stay on hold until it has more information.

The minutes largely reflect that stance that policy is currently well positioned to respond to changes in the data.

“Participants agreed that although uncertainty about inflation and the economic outlook had decreased, it remained appropriate to take a careful approach in adjusting monetary policy,” the document stated.

Officials also noted that they “might face difficult tradeoffs if elevated inflation proved to be more persistent while the outlook for employment weakened.” In that case, they said they would weigh which side was further from its goal in formulating policy.

Since the meeting, Trump has continued negotiations with key U.S. trading partners, with the tariff ground shifting on a near-daily basis. Trump initially announced tariffs on April 2, and then has altered deadlines for agreements, most recently ticking off a series of letters to foreign leaders notifying them of looming levies should they not act.

Recent data indicate that Trump’s tariffs have not fed into prices, at least on a large scale.

The consumer price index showed an increase of just 0.1% in May. While inflation gauges are still mostly above the Fed’s 2% target, recent sentiment surveys show the public is growing less fearful of inflation further down the road.

“Many participants noted that the eventual effect of tariffs on inflation could be more limited if trade deals are reached soon, if firms are able to quickly adjust their supply chains, or if firms can use other margins of adjustment to reduce their exposure to the effects of tariffs,” the minutes stated.

At the same time, job gains have slowed considerably, though the rate of nonfarm payrolls growth has consistently surprised economists. June showed an increase of 147,000, against the consensus forecast for 110,000, while the unemployment rate unexpectedly fell to 4.1%.

Consumer spending has slowed considerably. Personal expenditures declined 0.1% in May, while retail sales tumbled 0.9%.



Source link

Tags: comingcutsFedMinutesofficialsOpinionsrateshowVaryWidely
ShareTweetShare
Previous Post

XRP Rally Possible If Senate Web3 Crypto Summit Goes Well

Next Post

PepsiCo likely to report weak Q2 results as North America demand slumps

Related Posts

edit post
5 Tips for Auditing Your Expenses and Strengthening Your Finances

5 Tips for Auditing Your Expenses and Strengthening Your Finances

by TheAdviserMagazine
October 23, 2025
0

PeopleImages.com - Yuri A / Shutterstock.comHow you manage your expenses can make or break your financial plan — and it...

edit post
China’s property slump is far from bottoming. But Beijing is prioritizing tech growth

China’s property slump is far from bottoming. But Beijing is prioritizing tech growth

by TheAdviserMagazine
October 23, 2025
0

A new residential complex under construction in Hangzhou, Zhejiang Province, China on October 20, 2025. Cfoto | Future Publishing |...

edit post
Tesla (TSLA) Q3 adj. earnings drop despite higher revenues

Tesla (TSLA) Q3 adj. earnings drop despite higher revenues

by TheAdviserMagazine
October 22, 2025
0

Tesla Inc. (NASDAQ: TSLA) on Wednesday announced results for the third quarter of fiscal 2025, reporting a decrease in adjusted...

edit post
Earnings: Highlights of IBM’s Q3 2025 report

Earnings: Highlights of IBM’s Q3 2025 report

by TheAdviserMagazine
October 22, 2025
0

International Business Machines Corporation (NYSE: IBM), a leading IT services and consulting company, announced financial results for the third quarter...

edit post
Alleged loan fraud is frustrating but isolated

Alleged loan fraud is frustrating but isolated

by TheAdviserMagazine
October 22, 2025
0

Sopa Images | Lightrocket | Getty ImagesWestern Alliance, one of the regional banks at the center of concerns over loans...

edit post
The biggest crypto wipeout was led not by bitcoin, but much smaller tokens. Here’s what happened

The biggest crypto wipeout was led not by bitcoin, but much smaller tokens. Here’s what happened

by TheAdviserMagazine
October 22, 2025
0

The crypto industry recently had one of its worst days ever. And while bitcoin and ether holders seem to have...

Next Post
edit post
PepsiCo likely to report weak Q2 results as North America demand slumps

PepsiCo likely to report weak Q2 results as North America demand slumps

edit post
Trump holds court on presidential portraits, pretty picture frames and FDR, ‘an amazing man’

Trump holds court on presidential portraits, pretty picture frames and FDR, 'an amazing man'

  • Trending
  • Comments
  • Latest
edit post
77-year-old popular furniture retailer closes store locations

77-year-old popular furniture retailer closes store locations

October 18, 2025
edit post
Pennsylvania House of Representatives Rejects Update to Child Custody Laws

Pennsylvania House of Representatives Rejects Update to Child Custody Laws

October 7, 2025
edit post
What to Do When a Loved One Dies in North Carolina

What to Do When a Loved One Dies in North Carolina

October 8, 2025
edit post
Probate vs. Non-Probate Assets: What’s the Difference?

Probate vs. Non-Probate Assets: What’s the Difference?

October 17, 2025
edit post
California Attorney Pleads Guilty For Role In 2M Ponzi Scheme

California Attorney Pleads Guilty For Role In $912M Ponzi Scheme

October 15, 2025
edit post
Baby Boomers Are Flocking to This Florida Town — but Not for the Weather

Baby Boomers Are Flocking to This Florida Town — but Not for the Weather

October 9, 2025
edit post
Israeli joint venture wins huge Indian army rifle deal

Israeli joint venture wins huge Indian army rifle deal

0
edit post
Here’s which sectors are showing bifurcation

Here’s which sectors are showing bifurcation

0
edit post
La Ethereum Foundation conferma: l’hard fork Fusaka introdurrà un limite massimo di gas per transazione (EIP-7825)

La Ethereum Foundation conferma: l’hard fork Fusaka introdurrà un limite massimo di gas per transazione (EIP-7825)

0
edit post
5 Tips for Auditing Your Expenses and Strengthening Your Finances

5 Tips for Auditing Your Expenses and Strengthening Your Finances

0
edit post
Cryptocurrency exchange Cryptomus fined record 7M by Fintrac

Cryptocurrency exchange Cryptomus fined record $177M by Fintrac

0
edit post
Day Trading Rule #6 – Learn To Trade Brain Hack

Day Trading Rule #6 – Learn To Trade Brain Hack

0
edit post
Israeli joint venture wins huge Indian army rifle deal

Israeli joint venture wins huge Indian army rifle deal

October 23, 2025
edit post
Stock Market Today: Dow Jones Index Gains As Tesla Dives On Earnings (Live)

Stock Market Today: Dow Jones Index Gains As Tesla Dives On Earnings (Live)

October 23, 2025
edit post
La Ethereum Foundation conferma: l’hard fork Fusaka introdurrà un limite massimo di gas per transazione (EIP-7825)

La Ethereum Foundation conferma: l’hard fork Fusaka introdurrà un limite massimo di gas per transazione (EIP-7825)

October 23, 2025
edit post
Here’s which sectors are showing bifurcation

Here’s which sectors are showing bifurcation

October 23, 2025
edit post
5 Tips for Auditing Your Expenses and Strengthening Your Finances

5 Tips for Auditing Your Expenses and Strengthening Your Finances

October 23, 2025
edit post
United Bankshares GAAP EPS of alt=

United Bankshares GAAP EPS of $0.92 beats by $0.11, revenue of $323.32M beats by $13.52M

October 23, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Israeli joint venture wins huge Indian army rifle deal
  • Stock Market Today: Dow Jones Index Gains As Tesla Dives On Earnings (Live)
  • La Ethereum Foundation conferma: l’hard fork Fusaka introdurrà un limite massimo di gas per transazione (EIP-7825)
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.