Fed's mouthpiece: Minutes show officials are generally willing to keep policy unchanged this month

Nick Timiraos, the "Fed mouthpiece", pointed out that the Fed's minutes further showed that officials were generally willing to keep interest rates unchanged at the upcoming meeting at the end of this month. The minutes said: "Participants said that the committee was at or close to the appropriate level to slow the pace of policy easing." Officials believe that based on their current outlook for economic activity, the Fed may continue to cut interest rates at a slower pace than in recent months. (Jinshi)