Federal Reserve voting members have differing expectations on future interest rate cuts

Jinse Finance reported that this year's Federal Reserve voting members have shown a "three-way split" regarding future interest rates. Some officials, such as Milan, support a 50 basis point rate cut in October, while Powell pointed out that economic data is stronger than expected and emphasized the need for caution. Waller and Bowman both support two more rate cuts before the end of the year. In contrast, Musalem and Schmid are cautious about further rate cuts, believing that inflation risks need to be monitored. (Golden Ten Data)