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Fortune
Fortune
Marco Quiroz-Gutierrez

Fed officials advocate for 'caution' and slower rate cuts next year as Trump prepares to take office

(Credit: Eugene Gologursky—Getty Images for The New York Times)
  • Several Fed officials have said it may be time for the Fed to scale back its pace of rate cuts, while economists predicted Trump’s proposed policies could change the Fed’s inflation calculations.

Experts expect the Fed to cut rates for a third time in January, but it may soon slow its pace as Fed officials point to stubborn inflation and uncertainty over the economic consequences of Trump’s proposed tariffs. 

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