Fed officials are divided over whether the economy needs more rate cuts

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Fed officials are divided over whether the economy needs more rate cuts
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Federal Reserve policymakers have become increasingly divided over how to weigh signs of strains on the economy against still solid growth.

The policy-setting Federal Open Market Committee was already starkly split on the decision to lower its benchmark interest rate by a quarter percentage point at its last meeting in July. Developments since that meeting appear to have only increased division among FOMC members. Visit Markets Insider for more stories.

The policy-setting Federal Open Market Committee was already starkly split on the decision to lower its benchmark interest rate by a quarter percentage point at its last meeting in July. Developments since that meeting appear to have only increased division among FOMC members. Visit Markets Insider for more stories.

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