#美联储降息 The Federal Reserve's third consecutive rate cut has led to internal conflicts! Three dissenting votes set a six-year record, and Powell has effectively shut the door on interest rate hikes.

This operation by the Federal Reserve is quite dramatic! In the last interest rate meeting of the year, they officially announced a rate cut of 25 basis points, bringing the benchmark rate down to 3.50%-3.75%. This marks the third consecutive rate cut, totaling a 75 basis point reduction since September. But even more explosive is that the decision passed with a 9:3 vote, with three dissenting votes creating a rare situation in six years, leading to direct internal disputes!

Among the three dissenting committee members, two wanted to keep the rate unchanged, and one was even bolder, demanding a direct cut of 50 basis points, indicating a significant divide. Moreover, the Federal Reserve had just concluded its balance sheet reduction, only to announce on December 12 a $40 billion purchase of Treasury bills, and plans to slightly expand the balance sheet to rescue the short-term financing market. Powell has also stated that he is directly excluding the possibility of rate hikes, firmly sticking to the 2% inflation target, and mentioned that future policies will only be guided by economic data, while most people predict a further 25 basis point cut next year.

Interestingly, some decision-makers believe that next year's rates should be maintained in the 3.75%-4.0% range, leaving the market puzzled, with no one able to accurately gauge the Federal Reserve's next steps.

Do you think this rate cut by the Federal Reserve can stabilize the economy? Will the internal disagreements lead to a complete deviation in future policies? Share your thoughts in the comments!