Fed Minutes: Patience Prevails as Officials Await Clearer Inflation Trend In their latest meeting, Federal Reserve officials struck a cautious tone on the prospect of lowering interest rates, emphasizing a balanced approach towards inflation control. Despite acknowledging a significant reduction in inflation from its peak in mid-2022, the highest in over four decades, officials underscored the necessity of more evidence before considering policy easing. The minutes revealed a consensus that, although the period of rate hikes might have concluded, any reduction in the federal funds rate would be premature without solid assurance that inflation is on a steady decline towards the Fed’s 2% goal. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Oil Prices Climb as Market Optimism Grows Amid Tightening Supply Signals READ MORE Hoenig Cautions Against Expecting Three Rate Cuts Amid Economic Resilience READ MORE Fed's Bostic Warns: No Quick Path to Interest Rate Cuts READ MORE Gold ETFs, holdings and flows READ MORE Oil Prices Waver as U.S. Stockpile Growth Meets OPEC+ Supply Cut Speculation READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment