The Federal Reserve's interest rate meeting shows a two-way divergence for the first time in years.
According to ChainCatcher, citing Golden Ten Data, the latest Federal Reserve interest rate decision has encountered a rare situation of both hawkish and dovish stances. Governor Stephen Miran advocated for a more aggressive rate cut for the second consecutive meeting, suggesting a one-time cut of 50 basis points instead of the actual 25 basis points implemented; meanwhile, Kansas City Fed President Schmid took a hawkish stance, opposing any rate cuts and advocating for maintaining current rates.
The last time such a meeting with opposing views occurred was in September 2019, reflecting a significant divergence within the Federal Reserve regarding the economic outlook.
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