Fed officials were split over rate cut in November

US - Some Federal Reserve officials expressed discomfort last month with the rapid interest-rate cuts promoted by Fed Chairman Alan Greenspan. Others warned against moving too slowly.

The wide gap was disclosed in minutes of the Federal Open Market Committee's 6 November meeting, released Thursday, and it adds to the difficulty of discerning the central bank's policy in the months ahead. While Mr. Greenspan probably faces pressure from some members to stop cutting rates, others may be inclined

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