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- 19:21Federal Reserve meeting minutes reveal internal disagreement over interest rate cutsChainCatcher news, according to Golden Ten Data, the minutes of the Federal Reserve meeting show that officials were divided over future interest rate levels when they approved the first rate cut of the year last month. Most officials believe that "further policy easing may be appropriate during the remainder of this year," but a minority of officials think there is no need for a rate cut. Of the 19 officials, slightly more than half expect at least two more rate cuts this year. Investors generally expect the Federal Reserve to cut rates by another 25 basis points at the next meeting in October.
- 19:14Market Analysis: Federal Reserve Meeting Minutes Lean DovishJinse Finance reported that FXStreet analysts stated that the latest minutes of the Federal Reserve's September meeting show that policymakers are inclined to further cut interest rates later this year. Although most officials supported a 25 basis point rate cut at the current meeting, the discussions reflected growing concerns about risks in the labor market and a more balanced view on the inflation outlook. The overall tone remains cautious but still points to a continued easing tendency.
- 19:14Federal Reserve officials remain cautious about inflation while agreeing to rate cutsJinse Finance reported that some senior officials of the Federal Reserve were more inclined to keep interest rates unchanged last month, highlighting policymakers' concerns that persistently high inflation still poses a threat to the US economy. Although the Federal Reserve cut interest rates by 25 basis points in September, the Fed meeting minutes showed that a "minority" of FOMC members would have supported keeping rates unchanged because inflation could remain above target. The minutes noted that this year's rise in inflation has caused progress toward the 2% target to "stall," and added that a minority of members "were concerned that if inflation does not return to target in a timely manner, long-term inflation expectations could rise."