2025-10-09 06:42
ChainThink report, October 9, some senior officials of the Federal Reserve were more inclined to keep interest rates unchanged last month, highlighting the concerns of policymakers: high inflation still poses a threat to the US economy.
Although the Federal Reserve cut interest rates by 25 basis points in September, the minutes of the Federal Reserve meeting showed that "a small number" of FOMC members would have supported keeping interest rates unchanged, as inflation could remain above target.
The minutes stated that the rise in inflation this year has caused progress toward the 2% target to "stall," and added that a small number of members "were concerned that if inflation did not return to the target level in a timely manner, long-term inflation expectations could rise." (Jinshi)
Disclaimer: Contains third-party opinions, does not constitute financial advice
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