Federal Reserve officials are speaking out in quick succession: hawks and doves are at loggerheads, and the probability of a December rate cut is soaring.

Odaily Planet Daily reports that several senior Federal Reserve officials delivered speeches, providing the market with the latest insights into the outlook for monetary policy, inflation trends, and the impact of emerging technologies on the financial system. The officials' remarks revealed significant internal divisions within the Fed on the core issue of when to cut interest rates. The speeches triggered market volatility and adjustments in expectations. Analyst Adam Button stated that US stocks received substantial buying support after Fed official Williams indicated that "given the current policy being somewhat restrictive, a rate cut is still possible in the near future." Williams' dovish signals reignited the debate over interest rate policy. His comments pushed the probability of a Fed rate cut in December to approximately 60%, putting pressure on the dollar.