Minutes from the Federal Open Market Committee (FOMC) meeting revealed the likelihood of further interest rate hikes. The committee remains focused on managing inflationary pressures within the economy. The extent and timing of these future rate adjustments will depend on incoming economic data and the evolving economic outlook.

The FOMC acknowledged the potential risks to economic growth but emphasized the importance of maintaining price stability. The committee will continue to closely monitor economic indicators to make informed decisions regarding monetary policy.