The minutes of the December FOMC meeting are due to be released on Wednesday at 9 p.m. Egyptian time, as it is likely to resist expectations of a significant cut in interest rates.
The minutes of today's meeting represent an opportunity to see some reassessment of expectations for upcoming cuts in 2024.
If there is opposition in the minutes, it will add to comments from officials such as New York Fed President Williams, who said it was too early to even think about the March rate cuts.
While Powell hinted at the possibility of easing, Fed officials backed away from this for most of their meeting after this meeting and denied the idea of it happening soon.
