Title: U.S. Federal Reserve Expresses Concern Over Early Interest Rate Cuts

The minutes from the Federal Reserve's meeting in January revealed that most policymakers expressed concern about the risks of prematurely cutting interest rates amid uncertainty regarding how long borrowing costs should remain at their current level. The meeting, held on January 30 and 31, noted that "participants highlighted the uncertainty surrounding the duration for which a tightening monetary policy stance will need to be maintained" to bring inflation back to the Federal Reserve's target of 2%. Policymakers generally agreed that they need "greater confidence" in declining inflation before considering cuts to interest rates, indicating a cautious and possibly slower approach to rate reductions that market participants now expect to begin in June.