美联储“Rare Major Divergence” Minutes Set for Release, with Walsh Potentially Facing a Rate-Hike Showdown

Odaily reported that the Federal Reserve will reach a chairmanship transition point on May 22, while a set of meeting minutes scheduled for release at 2:00 AM Beijing time on Thursday will reveal significant rifts within the policy-making body in advance.

According to the schedule, Walsh will be sworn in at the White House this Friday, presided over by U.S. President Donald Trump. Meanwhile, the minutes from the Federal Open Market Committee (FOMC) meeting held on April 28-29 serve as a crucial window for the outside world to observe policy divergences ahead of the leadership transition.

These minutes correspond to the final meeting under Powell's tenure. Compared to previous records, this set of minutes is considered to reflect the "most severe divergence in a generation," with clear opposition emerging among decision-makers regarding assessments of the rate path and inflation outlook. (Jin Shi)