Analyst: There are clear divisions within the Federal Reserve regarding rate cuts, and inflation issues deserve attention

ChainCatcher news, according to Golden Ten Data, several Federal Reserve officials this week indicated a cautious attitude toward a rate cut in December, as inflation remains a concern, and the market has revised the probability of a rate cut to below 50%. Bob Savage, Head of Macro Strategy at NYCB Markets, stated that there are clear divisions within the Federal Reserve, and focusing on inflation is the right approach since the inflation rate remains at the 3% level. George Cipolloni, Portfolio Manager at Mutual Asset Management, pointed out that inflation is stubborn and the labor market is weak, but there is still a long way to go in cooling inflation, leaving the Federal Reserve in a dilemma.