"Stocks Dip as Fed Minutes Hint at End of Hikes, Uncertain Path to Rate Cuts"

1 min read
Source: The Wall Street Journal
"Stocks Dip as Fed Minutes Hint at End of Hikes, Uncertain Path to Rate Cuts"
Photo: The Wall Street Journal
TL;DR Summary

The Federal Reserve's December meeting minutes indicate that officials believe they have finished raising interest rates but did not provide a clear timeline for when rate cuts might begin. Although there is an expectation that rates could be lowered before the end of the year, the minutes reflect uncertainty about the future course of monetary policy following the sharpest rate increases in forty years. Investors are looking towards the central bank's second policy meeting of the year in March for potential rate reductions.

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