Fed meeting minutes to reveal officials' divisions over rate cuts
According to ChainCatcher, citing Golden Ten Data, the Federal Reserve is gradually approaching a key point for another rate cut this year. The minutes of the meeting, which will be released early Thursday morning Beijing time, are expected to reveal the majority of officials' decision-making logic regarding future rate cuts. Last month's economic forecast showed that 10 Federal Reserve officials supported two more rate cuts this year, while another 9 officials preferred only one cut or to keep rates unchanged. Samuel Tombs, Chief US Analyst at Pantheon Macroeconomics, stated that significant divisions are expected to be reflected in the meeting minutes.
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