Market Analysis: Fed Meeting Minutes Signal Cautious Dovishness
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TL;DR
Fed meeting minutes show a cautious dovish shift, with FOMC members open to further rate cuts, but policy adjustments remain contingent on weak inflation data rather than its absence.
Odaily Odaily reports that Fxstreet analyst Joshua Gibson points out that the Federal Reserve released the minutes of its final interest rate decision of the year, confirming that FOMC members were willing to consider further rate cuts. However, the minutes did not reveal much other significant information. The Fed's stance is tilting towards a dovish position, with most policymakers willing to explore the possibility of further rate cuts. However, the Fed's policy adjustments still depend on weak inflation data, rather than a lack of inflation data. (Jinshi)