Fed minutes show some favor pause after December cut

 The Federal Open Market Committee (FOMC) released its minutes from the December meeting on Tuesday, showing that some members suggested leaving interest rates unchanged after the last cut.

On the other hand, according to the document, "most participants judged that further downward adjustments to the target range for the federal funds rate would likely be appropriate if inflation declined over time as expected." Additionally, some of the members who were in favor of the December cut implied that the move was "finely balanced."

Meanwhile, regarding inflation, a certain number of participants pointed out that additional cuts could be viewed as a "lack of commitment" to the 2% inflation target, since they saw the risk of higher inflation becoming "entrenched."

https://breakingthenews.net/Article/Fed-minutes-show-some-favor-pause-after-December-cut/65411925