Analyst: There is a clear divide within the Federal Reserve regarding interest rate cuts, and the inflation issue deserves attention

According to Jinshi News, several Federal Reserve officials hinted at a cautious attitude towards a rate cut in December this week, as inflation concerns remain worrisome, leading the market to revise the probability of a rate cut to below 50%. Bob Savage, head of macro strategy at NYCB, stated that there are clear divisions within the Federal Reserve, and focusing on inflation is correct, as the inflation rate remains at 3%. George Cipolloni, portfolio manager at Mutual Asset Management, pointed out that inflation is stubborn, the labor market is weak, but it is still far from sufficient in terms of cooling inflation, putting the Federal Reserve in a dilemma.