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(FILES) Federal Reserve Chair Jerome Powell speaks during a news conference following the November 6-7, 2024, Federal Open Market Committee meeting at William McChesney Martin Jr. Federal Reserve Board Building, in Washington, DC, November 7, 2024. - The recent performance of the US economy has been "the best of any major economy in the world," Federal Reserve Chair Jerome Powell said November 14, 2024, a week after the bank cut interest rates for a second consecutive meeting. (Photo by ANDREW CABALLERO-REYNOLDS / AFP) WASHINGTON, United States — Most members of the Federal Reserve’s interest-rate setting committee supported further reductions to its key interest rate this year, according to minutes from last month’s meeting released Wednesday.
A majority of Fed officials felt that the risk of unemployment rising had worsened since their previous meeting in July, while the risk of rising…
