Analysis: Internal strife within the Federal Reserve could erode asset pricing, and interest rate cuts may become a possible path to compromise.

Odaily Planet Daily reports that the Federal Reserve, often criticized for its overemphasis on consensus, may now face a series of dissenting votes on its interest rate decisions. This will not only weaken the effectiveness of policy communication but also exacerbate doubts about its independence. Regardless of the final outcome, this month's meeting is highly likely to see multiple dissenting votes. Of the 12 voting members of the Federal Open Market Committee (FOMC), the Fed's interest rate-setting body, as many as 5 have expressed opposition or skepticism towards further rate cuts, while 3 core members of the Board support rate cuts. Analysts believe that if the FOMC policy statement and Powell's post-meeting press conference include statements about a possible pause in monetary easing, rate cuts may become a possible path to a compromise. In their final statements before the policymakers enter a "communication silence," rate cut skeptics say they remain open to further cuts; while Waller, who has been pushing for rate cuts since noticing the slowdown in the job market last summer, says whether to continue cutting rates after December will depend on the large amount of data collected by statistical agencies after the record 43-day government shutdown. (Jinshi)