Fed signals end to rate hikes, cautious about future

Federal Reserve signals end to interest rate hikes, but remains open to further tightening if inflation stalls. Price pressures easing, labor market cooling. PCE price index rose 3% in October, above 2% target. Unemployment rate at 3.9%. Treasury Secretary Yellen believes no drastic tightening needed. Fed policymakers cautious, uncertain about future path. Market expects rate cuts, but Fed officials emphasize need for further progress before declaring mission accomplished. Fed to hold next policy meeting on Dec. 12-13.