Publication date: January 3, 2024
Federal Reserve Open to Interest Rate Cuts in Future

Federal Reserve Open to Interest Rate Cuts in Future

Federal Reserve officials considered the prospect of reducing interest rates during their December meeting, according to released minutes.

Economy

During the Federal Reserve's December policy meeting, the possibility of decreasing interest rates was a topic of discussion among officials, as indicated in the minutes released from that meeting. This dialogue suggests that the central bank may be contemplating the end of its current cycle of interest rate hikes, opting to maintain a new approach to monetary policy amidst ongoing economic evaluations.