Minutes from the Federal Open Market Committee (FOMC) meeting were recently released displays Federal Reserve officials have decided to slow the pace of interest rate cuts in 2025.

Fed minutes say staff expectations at the last meeting were for economic conditions to remain "solid."

However, it also highlighted uncertainty over potential changes in regulatory policies as well as other factors such as potential trade disputes. The inflationary impact of such policies remains uncertain.

Inflation expectations for the previous year ended up slightly higher.

Core inflation did not fall as much as expected in 2024, according to recently released minutes.

However, Fed officials expect inflation to continue moving toward the 2% target. However, reaching said goal may take longer than initially expected.

The minutes also show that US economic activity remains strong, with unemployment remaining at fairly low levels.

As U.Today reported, the Fed implemented a “tight” 25 basis point rate cut in December. The Federal Reserve has indicated that it is inclined to ease further in 2025, which has negatively impacted risk assets such as Bitcoin.

After recovering back above the $100,000 level, Bitcoin price fell Big hit on Tuesday due to key US economic data indicating that inflation may continue to persist.

Bitcoin is currently trading at $94,129, according to CoinGecko data.

like Reported by U. TodayBloomberg's Mike McGlone recently opined that Bitcoin has emerged as a leading indicator of risky assets due to its high correlation with stocks.