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Fed officials discussed rate cuts last month and hinted at end of hikes, minutes show
By Bryan Mena, CNN Washington, DC (CNN) — Federal Reserve officials during their December policy meeting broached the subject of reducing interest rates, minutes from that meeting released Wednesday showed. Officials’ latest economic projections released in December showed that they expect to cut rates this year for the first time since kicking off a historic inflation-busting campaign in March 2022.
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