[Fed Minutes Show Hawkish Majority, Year-End Rate Cut Probability Decreases] The latest Federal Reserve policy meeting minutes reveal that several officials expressed concerns about labor market weakness but believed it might be appropriate to keep rates stable this year. RSM Chief Economist Joseph Brusuelas interpreted the minutes as highlighting the hawk-dove divide, with hawks presenting strong arguments around the risks of entrenched inflation. The U.S. Department of Labor announced a delay in releasing part of the October employment data until December 16, by which time the Fed's final meeting of the year will have concluded. Brusuelas believes the data delay only partially clears the fog surrounding the Fed's decision-making and expects no rate cuts.