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 De-Dollarization: A Gradual Shift from US Currency Control READ MORE How doomsday preppers made gold and silver precious end-of-the-world assets READ MORE 15 Weakest Currencies in 2024 READ MORE US Consumers Feel the Pinch as Inflation ConcernsLinger READ MORE A Close Above $2,078/oz Sets a Record High Closing Price for Gold READ MORE Add a Comment Cancel replyYour email address will not be published.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