The minutes of the Federal Open Market Committee’s October 28-29 meeting, released on Wednesday, showed that many Fed officials said it would likely be appropriate to keep interest rates unchanged for the remainder of 2025. “Many participants suggested that, under their economic outlooks, it would likely be appropriate to keep the target range unchanged for the rest of the year,” according to the FOMC minutes. The minutes also showed that “several” officials opposed reducing the Fed’s benchmark rate last mo ...