FOMC Meeting Minutes โ Oct 8, 2025
๐ Released at 19:00 GMT
๐น The Fed noted that inflation remains above the 2% target but has shown clear progress in recent months.
๐น Most members supported holding or slightly cutting rates, depending on upcoming data.
๐น Some officials warned that if wage and service inflation stay firm, rate cuts could pause temporarily.
๐น The Committee reaffirmed a data-dependent approach to future policy decisions.
๐ Market Impact:
Expectations for another 25 bps rate cut in Oct or Dec increased.
Yields dipped, the USD weakened, and Gold & BTC gained support from the dovish tone.
๐ก Takeaway:
The minutes signal the Fed is leaning toward a gradual easing cycle, creating a more supportive liquidity environment for risk assets.