Minutes from a recent Federal Reserve meeting showed that members "expressed uncertainty about how much more policy tightening may be appropriate."

<div class="block">Minutes from a recent Federal Reserve meeting showed that members &quot;expressed uncertainty about how much more policy tightening may be appropriate.&quot;</div>

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Fed Minutes Flag 'Uncertainty' on Future Rate Hikes

Let's bring in our own Christian Schroer who is live at the New York Stock Exchange. We heard from the Federal Reserve today, are these sky high interest rates going to come down any time soon? It's good to see you. And the short answer is maybe right. That's the billion dollar question. But we are getting some insight from the Fed on its path forward on rate hikes and released today from the fed's meeting earlier this month. Show that that road has become less certain officials stressed it was crucial that the Fed's policy statement not signal the likelihood of rate cuts this year or rule out further hikes. Participants were divided on whether to keep raising rates with some saying further increases may not be necessary. While the minutes touched on concerns about the debt limit saying a failure to raise the debt ceiling could threaten the financial system and prompt tighter financial conditions. Fed officials expect the US will fall into a mild recession later this year and the Fed's next policy meeting, it's hitting mid June when it's going to release its next interest rate decision.