Fed’s minutes show no appetite for a series of interest-rate hikes
September’s rate hike was viewed by many officials as needed just in case inflation remains sticky.
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# Fed's Minutes Signal Pause in Rate Hikes The Federal Reserve's September meeting minutes indicate policymakers lack consensus for continuing the interest-rate hiking cycle, with the recent hike viewed as a precautionary measure against persistent inflation rather than the start of a broader tightening campaign. This dovish stance should support equity and bond markets by reducing expectations for multiple future rate increases, which have pressured risk assets throughout 2023.
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