According to the minutes from the Federal Reserve's December meeting, most officials expressed worries about higher inflation, but not enough to consider raising interest rates. The discussions revealed a consensus among policymakers that inflation was a risk that needed to be closely monitored, but the majority believed that it was transitory and would eventually ease.

Despite the concerns about inflation, the minutes show that there was not enough support for raising rates at the time. The Fed's cautious approach to tightening monetary policy reflects the delicate balance between supporting economic growth and managing inflationary pressures.

The decision to keep rates unchanged comes as the central bank faces increasing pressure from the Trump administration to take more aggressive action to curb inflation. President Trump has been vocal in his criticism of the Fed's handling of the economy, calling for more drastic measures to control inflation.

Overall, the minutes provide insight into the Fed's decision-making process and the delicate balancing act it faces in navigating the current economic environment. As inflation continues to be a key concern, all eyes will be on the Fed's next moves in the coming months.