Several policymakers said they were less worried about an economic slowdown than they had been in September, when the Fed kicked off its rate-cutting cycle.

The central bank has lowered interest rates by 0.75 point since September.

The account of the central bank’s Nov. 6-7 meeting, released on Tuesday, showed that Fed officials still planned to cut interest rates further. But with the job market holding up better than expected and the economy growing at a solid clip, they are in no rush to slash them rapidly.

With inflation still elevated, Federal Reserve officials expressed caution at their last meeting about cutting interest rates too quickly, adding to uncertainty about their next moves

Minutes from the Federal Reserve’s November meeting may detail whether officials saw a greater risk of further softening in the U.S. labor market or stalling progress on lowering inflation. It could shed light on how likely a rate-cut pause may be at an upcoming Fed meeting.