Mumbai, Nov. 20 -- The Federal Reserve released the minutes of its latest monetary policy meeting on Wednesday, revealing officials had mixed views about the outlook for interest rates.
The minutes of the Fed's October 28-29 meeting said participants expressed "strongly differing views" about what policy decision would most likely be appropriate at the central bank's next meeting on December 9-10.
While the Fed said most participants agreed that it would be appropriate to eventually lower rates, several indicated that they did not necessarily view another 25 basis point rate cut as likely to be appropriate at the December meeting.
Others assessed that a further lowering of rates could be appropriate in December if the economy evolved abo...