Fed Minutes Hint: Caution on Rate Cuts, Open to Hikes if Inflation Sticks
TL;DR Summary
Minutes from January’s Fed meeting show no rush to restart rate cuts, with several policymakers even suggesting rate hikes if inflation remains stubborn, while a larger group favors holding until disinflation makes clear progress; the committee remains divided on the path of policy amid a mixed economic picture.
- Fed Minutes Show No Rush to Restart Rate Cuts, and Even Possibility of Hikes The New York Times
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- Federal Reserve officials warn progress towards inflation goal will be ‘uneven’ Financial Times
- Fed minutes show officials grappling with policy split, impact of AI on economy Reuters
- Fed minutes show widening divide over rate cuts Axios
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