Federal Reserve minutes from the November meeting:Little changed since the previous report

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  • Economic activity was little changed since the previous report, according to most of the twelve Federal Reserve districts, though two districts noted a modest decline and one reported modest growth.

  • Some contacts noted an increased risk of slower activity in coming months, while some optimism was noted among manufacturers.

  • Wages generally grew at a modest pace; however, some sectors such as manufacturing and construction saw firmer gains. The report was prepared at the Federal Reserve Bank of Dallas based on information collected on or before November 17, 2025.

  • Prices rose moderately during the reporting period.

This article was written by Greg Michalowski at investinglive.com.