Many US Federal Reserve officials were leaning against another rate cut in December, meeting minutes showed Wednesday, a move sure to infuriate President Donald Trump as he pushes for lower rates.

The minutes come amid heightened uncertainty surrounding the economic outlook, with policymakers recognizing risks to the jobs market and concerns that inflation could be more persistent than expected -- even after the impact from Trump's tariffs fade.

"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," said the minutes of the October 28-29 gathering.

At the meeting, Fed officials voted to make a second straight interest rate cut this year, bringing the benchmark lending rate to a range b

See Full Page