Top officials from the Federal Reserve are leaning toward the possibility of cutting interest rates in December. However, many emphasize that final decisions will heavily depend on forthcoming economic data. Governor Waller and President Bostic expressed a preference for a gradual approach, while Williams indicated that the timing for any cuts will rely on continued assessment of inflation dynamics. Despite discussions of rate reductions, concerns around inflation progress stalling have led to a cautious sentiment among policymakers, as they remain committed to balancing economic stability with inflation targets.