PANews reported on October 8th that according to Jinshi, the Federal Reserve is gradually approaching the critical point of another interest rate cut this year. The meeting minutes, which will be released in the early hours of Thursday Beijing time, are expected to reveal the decision-making thinking of most officials regarding subsequent rate cuts. Last month's economic forecast showed that 10 Fed officials supported two more rate cuts this year, while another 9 officials hoped to cut only once or hold the rate steady. The meeting minutes will help the market clarify the specific focus and severity of the officials' disagreements. Samuel Tombs, chief US analyst at Panson Macro, said, "We expect the meeting minutes to show significant differences, but these views have already been reflected in the public speeches of officials over the past three weeks."PANews reported on October 8th that according to Jinshi, the Federal Reserve is gradually approaching the critical point of another interest rate cut this year. The meeting minutes, which will be released in the early hours of Thursday Beijing time, are expected to reveal the decision-making thinking of most officials regarding subsequent rate cuts. Last month's economic forecast showed that 10 Fed officials supported two more rate cuts this year, while another 9 officials hoped to cut only once or hold the rate steady. The meeting minutes will help the market clarify the specific focus and severity of the officials' disagreements. Samuel Tombs, chief US analyst at Panson Macro, said, "We expect the meeting minutes to show significant differences, but these views have already been reflected in the public speeches of officials over the past three weeks."
September economic forecasts show 10 Fed officials support two more rate cuts this year
2025/10/08 22:30
PANews reported on October 8th that according to Jinshi, the Federal Reserve is gradually approaching the critical point of another interest rate cut this year. The meeting minutes, which will be released in the early hours of Thursday Beijing time, are expected to reveal the decision-making thinking of most officials regarding subsequent rate cuts. Last month's economic forecast showed that 10 Fed officials supported two more rate cuts this year, while another 9 officials hoped to cut only once or hold the rate steady. The meeting minutes will help the market clarify the specific focus and severity of the officials' disagreements. Samuel Tombs, chief US analyst at Panson Macro, said, "We expect the meeting minutes to show significant differences, but these views have already been reflected in the public speeches of officials over the past three weeks."
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