The Federal Reserve's December meeting minutes will be released tonight.
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At 3:00 a.m. on Wednesday in the East 8th time zone (UTC+8), the Federal Reserve will release the minutes of its policy meeting held from December 9 to 10, revealing details of internal disagreements among decision-makers. The Federal Reserve's decision to cut interest rates by 25 basis points in December triggered three dissenting votes, two of which came from regional Federal Reserve presidents, and the other from Federal Reserve Governor Milan, who has advocated for a larger 50 basis point rate cut three times since joining the Fed in September. Federal Reserve Chairman Powell stated that there are strong differences among policymakers regarding the risks of inflation and employment, with some decision-makers believing that not cutting rates would be more appropriate.
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