The Federal Reserve meeting minutes show limited willingness to cut interest rates, with several officials supporting a "two-way" description

According to Jinshi reports, Federal Reserve officials showed little willingness to cut interest rates at last month's meeting, with most wanting to see more progress on inflation before considering further rate cuts. Additionally, although two officials opposed the decision to keep rates unchanged and favored a rate cut at the January meeting, the minutes indicated that other officials supported using more neutral language, describing the outlook for rate cuts or hikes as balanced.