- The most assessed risks to the labor market remain downward. - Some officials felt that keeping interest rates steady for some time would be appropriate. - Most officials assessed that further rate cuts would likely be appropriate over time. - Members generally believe that upside risks to inflation persist. - Some members recommended that no further rate cuts be made for some time after the December rate cut.
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FED Releases FOMC Minutes:
- The most assessed risks to the labor market remain downward.
- Some officials felt that keeping interest rates steady for some time would be appropriate.
- Most officials assessed that further rate cuts would likely be appropriate over time.
- Members generally believe that upside risks to inflation persist.
- Some members recommended that no further rate cuts be made for some time after the December rate cut.