The Fed's meeting minutes reveal serious internal divisions, with decision-makers insisting on interest rate cuts amid inflation warnings.
On November 20, Jin Shi Data reported that the minutes from the Fed's October policy meeting showed significant divisions among the Fed's decision-makers during last month's interest rate cut. Although policymakers warned that rate cuts could affect efforts to contain inflation—U.S. inflation has remained above the 2% control target for the past four and a half years—they ultimately decided to lower the rates. The minutes stated, "Many parti
View OriginalOn November 20, Jin Shi Data reported that the minutes from the Fed's October policy meeting showed significant divisions among the Fed's decision-makers during last month's interest rate cut. Although policymakers warned that rate cuts could affect efforts to contain inflation—U.S. inflation has remained above the 2% control target for the past four and a half years—they ultimately decided to lower the rates. The minutes stated, "Many parti

















