Fed May Pause Rate Hikes Before 2% Inflation Target Is Hit

The Fed signaled it could halt its rate‑hiking cycle before inflation reaches the 2% target if officials see the economy already heading there.

The October 7 minutes revealed that strong consumer spending and persistent price gains continue to outweigh the drag from costly borrowing, leaving most policymakers unconvinced about another hike in September. This opens the door to a rate freeze, which could sway crypto markets and risk‑on assets.