Federal Reserve meeting participants are concerned about jobs and inflation remaining above target.
Federal Reserve Chair Jerome Powell speaks at a news conference following the Federal Open Market Committee (FOMC) meeting in Washington on Oct. 29, 2025. Madalina Kilroy/The Epoch Times
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Minutes from the Federal Reserve’s October meeting revealed a growing divide over the path of monetary policy, including next month’s interest rate decision.
While many meeting participants supported the central bank’s decision to lower the federal funds rate by a quarter point for the second straight meeting last month, some officials said they could have endorsed no change.
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of “The War on Cash.”
