FOMC meeting minutes show that the Federal Reserve has decided to cut interest rates by 25 basis points with a 9-3 vote

The minutes of the FOMC meeting showed that the Federal Reserve decided to cut interest rates by 25 basis points with a 9-3 vote. The current inflation rate is 2.8%, and employment is facing downside risks. It is expected that inflation will reach 2% in 2028. （Cointelegraph）