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"Federal Reserve Messenger": Lack of Key Data at the Fed's October Meeting Prompted Members to Change Stance

"Federal Reserve Messenger": Lack of Key Data at the Fed's October Meeting Prompted Members to Change Stance

CointimeCointime2025/10/29 15:03
By:Cointime

 "Fed Whisperer" Nick Timiraos said that the October FOMC meeting was somewhat different in the following aspects. The September dot plot showed divisions within the committee: most people tended to continue cutting interest rates as a risk management tool, but quite a few people believed that there was no need to cut rates. Normally, data can help reconcile this difference. However, because there is less high-level data available between FOMC meetings to improve the outlook, members have less reason to change their positions.

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