NOTES FROM the Federal Open Market Committee meeting show that Reserve officials began debating how far their current interest-rate cutting campaign should extend. / BLOOMBERG NEWS FILE PHOTO/ANDREW HARRER
WASHINGTON – Federal Reserve officials began debating how far their current interest-rate cutting campaign should extend even as they agreed to lower rates in response to growing risks to the United States economy. “Participants generally judged that downside risks to the outlook for economic activity had increased somewhat since their July meeting, particularly those stemming…
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