Federal Reserve officials support continued lowering of the Interest Rate, and Fed hawks also loosen their mouths: December rate cut is reasonable.

Both Fed officials today expressed support for continuing to cut interest rates, with Chicago Fed President Gulsby saying that unless there is some convincing evidence of economic overheating, there is no reason not to continue cutting interest rates; Minneapolis Fed President Kashkari said it was reasonable for Central Bank to consider another rate cut in December. (Synopsis: Nomura predicts that the Fed will suspend interest rate cuts in December, and will only cut rates by two yards next year... High uncertainty about Trump's presidency) (Background added: Ball hawks "no rush to cut interest rates" BTCprice drops $86,600, U.S. stocks all inverted, October PPI shows inflation is still sticky) The Federal Reserve (Fed) has cut interest rates by 3 yards since September this year, reducing the BenchmarkIntrerest Rate to a range of 4.50%-4.75%. At present, institutions and Fed officials have different views on whether to cut interest rates again in December, and on Tuesday (26th), both Fed officials spoke in favor of continuing to cut interest rates. Bloomberg reported that Chicago Federal Reserve Bank President Austan Goolsbee said today that he expects the Fed to continue to cut interest rates, taking a stance that "neither restricts nor promotes economic activity." "Unless there is some compelling evidence of economic overheating, I see no reason not to continue to cut the federal fund Intrerest Rate." Goolsbee added that the pace of action to cut rates will depend on the economic outlook and conditions, "but to me, it's clear that we're on a path that will lead to an Intrerest Ratedrop, closer to what you call a neutral Intrerest Rate." He said his forecast for a neutral Intrerest Rate is close to the median estimate Fed officials had for the September bitmap, which is 2.9 percent. Powell hawkish this month: hints at cautious rate cuts Given the continued resilience of the U.S. economy and recent strong inflation data, several Fed officials urged caution on future rate cuts. Fed Chairman Jerome Powell hawked in the middle of this month, signaling that officials would cut interest rates "cautiously." The economy is not signaling any urgent need for a rate cut, and better economic conditions allow us to exercise caution when making decisions. On Thursday, Goolsbee reiterated his support for further rate cuts and is open to moving at a slower pace. Fed Intrerest Rate policymakers will have more data to digest ahead of the December 18 meeting, including the Fed's preferred inflation measure and non-farm payrolls report. Personal consumption expenditure (PCE) inflation data will be released on Wednesday. Goolsbee said it was important not to "draw excessive conclusions" from a month's data. I think the overall picture is that inflation in recent months has tended to be lower than expected, but not much above the 2% target. On the same day, Minneapolis Federal Reserve Bank President Neel Kashkari more explicitly supported the Fed's rate cut in December, saying it was still reasonable for Central Bank to consider another rate cut in December. For now, as far as I know today, a 25 basis point for a December rate cut is still being considered – which is a reasonable debate for us. He added that in the face of Intrerest Raterise, the resilience of the economy suggests that the neutral Intrerest Rate, where policies neither affect nor stimulate economic growth, may now be higher. He also said he was confident inflation was falling modestly and that the labor market remained strong. However, last month, Kashkari said that if inflation unexpectedly rises in the coming month, the Fed may reconsider whether to pause rate cuts at its December meeting. It is worth noting that with Trump's election this month, his tax and immigration policies have caused a sharp rise in economic uncertainty in the United States. According to the FedWatch tool, the probability of the Intrerest Rate market betting on the Fed's December rate cut has dropped significantly, and the probability of a one-yard cut is still 57.4%, and the probability of suspending the rate cut has risen to 42.6%. Extended reading: CPI release tonight" Fed official Kashkali: If inflation unexpectedly picks up, interest rate cuts may be suspended in December Source: FedWatch Related reports Powell stiffened: Trump will not resign, the election will not affect the Fed's Intrerest Rate decision... But the December rate cut changed? JPMorgan Chase warned: Trump wins = inflation storm resumes, the Fed may suspend interest rate cuts in December BTC challenges 90,000 losses "fell below 88,000 magnesium", former Fed hawks: the number of interest rate cuts or decreases after Trump takes office, and U.S. stocks fall Arthur Hayes: I am more optimistic about Solana than ETH, the election result is not important, "Fed rate cut" is the key Fed officials support continuing to cut Intrerest Rate, Fed hawks also relent: December interest rate cut is reasonable" This article was first published in BlockTempo "Dynamic Trend - The Most Influential Block Chain News Media".