Minutes Show Fed Officials Were Eager to Slow Rate Cuts

The video discusses the release of the FOMC minutes, highlighting the Fed's cautious approach to policy changes amid potential impacts from the Trump administration's fiscal policies. The minutes suggest a slower pace of policy easing, with inflation and labor market conditions being closely monitored. Market reactions were minimal, with a focus on future economic indicators and potential changes in Fed leadership under the Trump administration.

What did the minutes indicate about the Fed's approach to inflation and economic activity?

What are the expectations for the labor market based on the recent data discussed in the minutes?

How did the Fed officials view the potential impact of Trump's policies on inflation?