9 October 2024
The Federal Reserve’s September meeting minutes, set to be released on Wednesday, may reveal the extent of disagreement among policymakers regarding the surprising 50 basis point rate cut. The minutes could provide insight into whether the decision was unanimous or contentious, given the first dissent from a Board Governor in 19 years and the unusually wide range of projections for future rate cuts. This information could help shape expectations for the Fed’s monetary policy direction in the coming months.