FOMC meeting minutes released: Officials support December rate cut, but remain cautious about further easing.
Federal Reserve officials generally supported the December rate cut; however, they maintained a cautious stance regarding subsequent steps.
Fed staff revised their economic growth outlook slightly upward compared to the October meeting.
Some participants suggested that keeping rates steady for a period after the December cut might be appropriate.
Most officials assessed that further rate cuts would be appropriate if inflation continues to fall as expected.
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