U.S. Fed minutes show officials divided on half point rate cut in September

WASHINGTON, Oct. 9 (Xinhua) -- U.S. Federal Reserve officials were divided on the size of the rate cut in its recent policy meeting, according to the minutes of the Fed's Sept. 17-18 meeting released Wednesday.

"Noting that inflation was still somewhat elevated while economic growth remained solid and unemployment remained low, some participants observed that they would have preferred a 25 basis point reduction