Fed meeting minutes to highlight divisions between hawks and doves
ChainCatcher news, according to Golden Ten Data, the Federal Reserve decided at its September meeting to lower the benchmark interest rate by 25 basis points to the 4% - 4.25% range, but Federal Reserve Governor Milan prefers a 50 basis point rate cut. TD Securities analysts believe that the meeting minutes will highlight the divisions between hawkish and dovish members within the committee, and expect that some participants think it is unlikely to further ease policy this year.
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