Federal Reserve megaphone: meeting notes suggest officials are generally willing to stay put this month

On January 9, "Federal Reserve Messenger" Nick Timiraos pointed out that the Federal Reserve meeting notes further showed that officials are generally willing to keep interest rates unchanged at the upcoming meeting at the end of this month. "Participants indicated that the committee is at or near the appropriate level to slow the pace of policy easing," the meeting notes said. Officials believe that based on their current outlook for economic activity, the Federal Reserve may continue to cut interest rates at a slower pace than in recent months.