The minutes from the Federal Open Market Committee’s Nov. 6-7 meeting will be published at 2 p.m. ET on Tuesday.

The Fed has lowered interest rates by a total of 75 basis points over its last two meetings, but further rate cuts may be sparse.

Stocks remained higher, with the S&P 500 on track for a record close, after minutes of the Federal Reserve's November policy meeting showed participants were open to further rate cuts but that uncertainty over the so-called neutral rate warranted a gradual approach.

Federal Reserve officials say they are likely to keep reducing interest rates for now, and investors still expect them to do so at the U.S. central bank's Dec. 17-18 meeting.

Several Federal Reserve officials have signaled they’re open to cutting interest rates at a more deliberate pace next year as they grapple with the uncertainties of a Republican takeover in Washington,

Federal Reserve officials discussed potentially slowing down or pausing interest-rate cuts if progress on lowering inflation stalled out when they met earlier this month. Officials thought that if the economy performed in line with their expectations that inflation would continue to decline steadily,

Many” senior Federal Reserve officials said uncertainty about the so-called neutral level of interest rates support a more gradual approach in reducing U.S. borrowing costs, new documents show.

Federal Reserve Bank of Minneapolis President Neel Kashkari said it is still appropriate to consider another interest-rate cut at the central bank’s December meeting.