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Federal Reserve System, the central bank of the United States, has released the minutes of the Federal Open Market Committee meeting.

Most of the attendees predicted that the pace of interest rate hikes would soon slow.

It seems that he put weight on the fact that he will lower the base rate hike next month.



This is reporter Moon Jun-mo.



<Reporter>



The Federal Reserve, the central bank of the United States, released the minutes of the November Federal Open Market Committee (FOMC) regular meeting.



According to the minutes of the meeting, a majority of those present "judged that a slowdown in the pace of rate hikes would soon be appropriate."



The Fed has raised interest rates by 0.75 percentage points at a time, four consecutive giant steps this year, but it is interpreted as meaning that the rate of interest rate hikes can be drastically reduced in the future.



Right now, the standard interest rate will be decided next month, and the possibility of a 0.5 percentage point rate hike is weighed.



According to the meeting minutes, a number of FOMC members explained the need to slow rate hikes in order to assess the cumulative effect of aggressive monetary tightening on the economy and prices.



However, some members also expressed the view that the final level of the benchmark interest rate needed to achieve the target of 2% inflation will be slightly higher than previously predicted.



For this reason, some predict that the FOMC will raise the expected interest rate at the end of next year from 4.6% to a level approaching 5% sooner or later.