Analysis: The Fed may deliver a three-step message, but the extent and pace of rate cuts remain controversial.
2hours ago
According to Odaily Planet Daily, the Federal Reserve will deliver a three-part message to investors: To what extent have officials readjusted their outlook to reflect the weak job market? How divided is the Fed becoming? Does the arrival of Governor Milan bring a partisan bias to the Fed? However, the extent and pace of rate cuts remain a controversial issue. Analysts say this week's meeting may see an unusual amount of dissent, with those concerned about inflation likely to support no rate cuts, while Milan and two other Trump appointees, who have argued since the summer that inflation risks have eased and the job market is weakening, may support a larger 50 basis point rate cut. (Jinshi)
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