After reading the most recent Feds minutes, answer the following questions with sufficient details (minimum 500 words for each question)

On the Federal Reserve website (Federal Open Market Committee Minutes), find the minutes (not the press release) of the most recent FOMC meeting.

Q#1 Summarize the economic factors or reasoning that led to the meeting's decision regarding the federal funds rate. Do you agree or disagree with the Federal Reserves decision? Why or why not? Present your case or argument with monetary policy theories (for instance, the quantity theory of money or various monetary policy rules, etc.) and evidence whenever possible.