The Federal Reserve's meeting minutes show a divergence on interest rate cuts, and the dollar index strengthens

ChainCatcher news, according to Jinshi reports, the latest released Federal Reserve meeting minutes show that officials have differing opinions on how much further to lower interest rates. Against this backdrop, the dollar has strengthened. The minutes indicate that while most policymakers believe that rate cuts are appropriate for the remainder of the year, a minority think that the rate cut at last month's meeting was unnecessary. Deutsche Bank analysts pointed out that the minutes "clearly reflect a cautious attitude," as participants believe that recent indicators do not show a sharp deterioration in labor market conditions.