Fed Slows Interest Rate Cuts

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monetary policy decisions

CNBC

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Fed officials are worried about the inflation impacts from Trump's policies, minutes show

Summary

Nutrition label

87% Informative

Federal Reserve officials at their December meeting expressed concern about inflation and the impact that President-elect Donald Trump's policies could have on efforts to reduce it.

The policymakers said they move more slowly on interest rate cuts due to the uncertainty, minutes of the meeting showed.

Without calling out Trump by name, the meeting summary featured at least four mentions about changes in immigration and trade policy.

VR Score

Informative language

Neutral language

Article tone

semi-formal

Language

English

Language complexity

Offensive language

not offensive