Market focuses on Federal Reserve meeting minutes as uncertainty over interest rate direction intensifies
ChainCatcher news, according to Golden Ten Data, the minutes of the Federal Reserve's October policy meeting will be released early next Thursday (Beijing time), and investor uncertainty over the US interest rate path is intensifying. Last month, the Federal Reserve lowered the benchmark interest rate to the 3.75% - 4% range, but Powell's statement that "further rate cuts by the end of the year are not a foregone conclusion" has reshaped market expectations. Boston Fed President Collins questioned a rate cut next month, emphasizing that "the threshold for additional easing in the near term is relatively high." The lack of data will become a major obstacle to the Fed's decision-making.
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