Federal Reserve Meeting Minutes: Inflation to Continue Slowing, But Trump Administration Policies May Increase Price Pressure Risk

BlockBeats News, January 9th, the minutes of the December meeting of the Federal Reserve showed that Federal Reserve officials unanimously believed that inflation may continue to slow this year, but at the same time, they also believed that the risk of ongoing price pressures has increased as policymakers begin to address the impact of the incoming Trump administration's policies.

The minutes noted that participants expected inflation to continue to approach 2%, although they pointed out that recent higher-than-expected inflation data and the potential impact of changes in trade and immigration policies suggest that this process may take longer than previously anticipated.

Some participants indicated that the anti-inflation process may have temporarily stalled, or pointed out possible risks. The minutes described the FOMC's December rate cut decision as a "delicate balance," with some participants noting that given that some believe progress in reducing inflation has stalled, it is advisable not to lower borrowing costs. (Jinshi)