Most Federal Reserve regional bank officials are not optimistic about a rate cut in December

According to Jin Ten reports, Federal Reserve officials have been intensively discussing monetary policy recently. "The Fed's mouthpiece" Nick Timiraos stated that currently, four voting regional Fed presidents are not actively pushing for another rate cut in December. These four presidents are Collins from the Boston Fed, Musalem from the St. Louis Fed, Goolsbee from the Chicago Fed, and Schmidt from the Kansas Fed, who voted against the rate cut decision in October.