Analysis: Federal Reserve Internal Power Struggle Evident in Latest Meeting Minutes

BlockBeats News, October 8, the Federal Reserve is gradually approaching a key point in the year for another interest rate cut, with the meeting minutes to be released early Thursday morning Beijing time expected to reveal the majority of officials' decision-making ideas on further rate cuts. Last month's economic projections showed that 10 Fed officials supported two more rate cuts this year, while another 9 officials hoped for just one rate cut or to stand pat.

This meeting minutes will help the market clarify the specific focus and severity of officials' differences. Samuel Tombs, Chief U.S. Analyst at Pantheon Macroeconomics, said, "We expect the meeting minutes to show significant divergences, but these views have already been reflected in the public speeches of officials over the past three weeks." (Golden Finance)