πΊπΈMinutes from the Fed meeting:
- The Fed is close to the point where it is advisable to slow down the pace of rate cuts;
- The labor market will remain stable;
- Some Fed chairmen insist on pausing the rate cut, citing the risk of renewed inflation, but most chairmen considered it appropriate to cut the rate by 25 bps. at the December meeting;
- Believe that it is appropriate to further reduce the rate.
@Fin_Watch