November FOMC Meeting of the Federal Reserve: Interest rate cuts may slow down or even be delayed, neutral Intrerest Rate outlook

The US Federal Reserve released the minutes of its November FOMC meeting on Tuesday evening, expressing support for a "gradual" rate cut, but the pace of rate cuts may slow or even pause if inflation data falls short of expectations. (Synopsis: Fed officials support continuing to cut Intrerest Rate, Fed hawks also relax: December rate cut is reasonable) (Background added: Ball hawk "no rush rate cut" BTCprice drops $86,600, U.S. stocks all down, October PPI shows inflation is still sticky) The Federal Reserve's Federal Open Market Committee (FOMC) decided at its November meeting to cut interest rates by one yard and put BenchmarkIntrerest Rate drops to the 4.50%-4.75% range. On the evening of yesterday (26), the Federal Reserve officially released the minutes of the November FOMC meeting. At the time, Fed officials said they believed inflation was easing and the risk of a sharp slowdown in the economy and the job market dropped, so they supported further rate cuts in the future. However, it also stressed that it will take a cautious approach and cut interest rates "gradually" according to the performance of the data, and if the inflation data does not meet expectations, the pace of interest rate cuts may be slowed or even suspended. In discussing the outlook for monetary policy, participants expected that if the data is in line with expectations, inflation continues to decline to 2%, and the economy remains close to maximum employment, then a "gradual" shift to a more neutral policy may be appropriate. However, some analysts believe that after Trump's victory in the market, the Fed will slow down the pace of interest rate cuts, which may delay the emergence of the top of BTC's Bull Market. Will the Fed cut interest rates slow? The minutes also revealed that at this month's meeting, 19 officials unanimously approved a one-yard rate cut. Some officials believe that the upside risks to inflation have been little changed, while the downside risks to economic activity or the labor market have weakened. Other officials have pointed out that monetary policy needs to balance the risk of too fast and too slow easing, too fast may hinder a further fight against inflation, and too slow may unduly weaken the economy and employment. Some participants suggested that if inflation persists high, the FOMC may "pause" the easing policy Intrerest Rate and keep it at restrictive levels. In addition, many officials argue that the uncertainty of the so-called neutral Intrerest Rate level complicates the assessment of the degree of monetary policy limitation. The neutral Intrerest Rate refers to the level of policies that neither limit nor stimulate economic rise. Officials' estimates of the neutral Intrerest Rate have continued to rise over the past year. Chicago Federal Reserve Bank President Austan Goolsbee said Tuesday that his forecast for a neutral Intrerest Rate is close to the median estimate Fed officials estimated in the September dot plot, which is 2.9 percent. Fed officials support December rate cut The Fed will convene its December FOMC meeting on December 18. Goolsbee this week expects the Fed to continue cutting interest rates, taking a stance that "neither restricts nor promotes economic activity": "Unless there is some convincing evidence of economic overheating, I see no reason not to continue to cut the federal funds Intrerest Rate." Last week, he reiterated his support for further rate cuts and was open to moving at a slower pace. On the same day, Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, known as the Eagle King, explicitly supported the Fed's interest rate cut in December, saying that it was still reasonable for the central bank to consider another rate cut in December. For now, as far as I know today, a 25 basis point for a December rate cut is still being considered – which is a reasonable debate for us. Read more: Fed officials support continued Intrerest rate cuts, Fed hawks also relent: December rate cut justified FedWatch: December rate cut probability breaks 60% However, given the continued economic resilience in the United States and recent strong inflation data, several Fed officials have urged caution on future rate cuts. Fed Chairman Jerome Powell also hawked in the middle of this month, signaling that officials would cut interest rates "cautiously." The economy is not signaling any urgent need for a rate cut, and better economic conditions allow us to exercise caution when making decisions. Bauer's hawkish signals also sharply lowered expectations for another one-yard rate cut in December, but after yesterday's FOMC meeting minutes, the market slightly increased bets on a one-yard rate cut in December, from about 52% yesterday to the current 66.6%, leaving only a 33.4% chance of a pause. But markets and institutions are also predicting that the Fed will slow down the pace of rate cuts next year, and Nomura's latest forecast points out that the Fed will pause rate cuts at the December Intrerest Rate meeting, and will only cut rates by 1 yard each in March and June 2025; Cathay United Bank chief economist Lin Qichao said last week that the Fed will still cut interest rates by 1 yard in December this year, and the Fed will cut interest rates by 1 yard each in March and June next year. Source: FedWatch Tools Related reports Ball hawk "no urgent rate cut" BTCprice drops $86,600, U.S. stocks all down, October PPI shows inflation is still sticky Tonight's CPI release "Fed official Kashkali: If inflation unexpectedly picks up, interest rate cuts may be suspended in December Ball stiffened: Trump will not resign, and the election will not affect the Fed's Intrerest Rate decision... But the December rate cut changed? Fed rate cut by 2 yards, what is the impact on the encryption market, BTC will welcome a new round of big pump? "Fed November FOMC Meeting: The pace of rate cuts may slow or even pause, neutral Intrerest Rate outlook" This article was first published in BlockTempo's "Dynamic Trends - The Most Influential Block Chain News Media".