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[Internal Divisions Within the Federal Reserve May Affect Policy Communication, Rate Cuts as a Potential Compromise Path] The Federal Reserve's interest rate decisions may weaken the effectiveness of policy communication due to divided votes, raising concerns about its independence. This month's meeting is expected to see multiple dissenting votes, with 5 out of the 12 voting members of the Federal Open Market Committee (FOMC) opposing or questioning further rate cuts, while 3 core members of the Board of Governors support rate cuts. Analysts believe that if the policy statement and Powell's press conference mention the possibility of 'pausing monetary easing,' rate cuts could become a compromise path. Skeptics of rate cuts have expressed an open attitude, while Waller stated that whether to continue rate cuts after December will depend on data completed after the government shutdown.

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