A majority of the members of the Federal Reserve’s monetary policy committee (Fedfor its acronym in English) are supporters of maintain interest rates at their next meeting in December, according to minutes of their last meeting published Wednesday.
The publication comes at a time of uncertainty about the labor market in EUand the fear of the persistence of inflation.
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“Several participants suggested that, according to their economic outlookit would probably be appropriate to keep the target range unchanged for the rest of the year,” according to the minutes of the meeting held on October 28 and 29.
At this meeting those responsible for the Fed voted in favor of a second consecutive quarter-point rate cut this year, putting the reference interest rate in a range between 3.75% and 4%.
The president of the Fed, Jerome Powellstated shortly after the meeting that a new cut in December was not certain.
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According to meeting minutes released Wednesday, “participants expressed very divergent opinions on what would be the most appropriate decision” in December.