📕 Minutes from the last #FED meeting :

▫️ The Fed has reached or is close to the point where it would be appropriate to slow the pace of rate cuts.

▫️ Forecast: Inflation will continue to move towards the 2% target, but the consequences of possible changes in trade and immigration policies could delay the process.

▫️ Forecast: labor market conditions will remain stable.

▫️ Forecast: GDP growth will slow and unemployment will increase compared to the previous baseline forecast.

▫️ Some Fed chairmen have pushed for a PAUSE, citing the risk of renewed inflation growth.

▫️ Most Fed chairmen considered it appropriate to cut the interest rate by 25 bps at the December meeting