BlockBeats news, on January 9, the Federal Reserve's December meeting minutes showed that Fed officials unanimously believe that inflation may continue to slow this year, but at the same time, they also believe that as policymakers begin to address the impact of the incoming Trump administration's policies, the risks of persistent price pressures increase.
The minutes indicated that participants expect inflation to continue to converge towards 2%, although they noted that the recent inflation data exceeding expectations, as well as potential changes in trade and immigration policies, suggest that this process may take longer than previously anticipated.
Some participants pointed out that the disinflation process may have temporarily stalled, or indicated potential risks. The minutes stated that the FOMC's decision to lower interest rates in December was a 'delicate balance,' and some participants noted that it is desirable not to lower borrowing costs given that some believe progress in reducing inflation has stagnated. (Jin Ten)