- Majority sees downside risks too fast
- Some Fed members see that inflation progression could stall
- The Fed will at some point decide the future fate of balance sheet reduction
Most policymakers at the recent meeting of the US Federal Reserve expressed concerns about the potential dangers associated with early interest rate cuts. There was a general lack of clarity on the optimal length of time to keep borrowing costs at current levels, as noted in the minutes of the January 30-31 meeting.
Policymakers "generally" agreed that they needed "more confidence" that inflation would fall before considering rate cuts. Some Fed members believe inflation trends could stagnate. Bankers will decide at some point the future fate of balance sheet reduction.
Start investing today or test a free demo
Open account Try demo Download mobile app Download mobile app
The US100 index shows slight declines following the release of the minutes of the last FOMC meeting.
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.