The Federal Reserve's September meeting will see dissent, with intense debate between hawks and doves

ChainCatcher news, according to Jinshi Data, former chief economist of Bank of America Securities Ethan Harris stated that the days of a unified Federal Reserve are long gone. The dissent from Waller and Bowman, appointed by President Trump in July, supporting interest rate cuts has "broken the harmony." He expects a fierce debate between hawks and doves before the September meeting, bringing uncertainty to the decision on interest rate cuts. Stephen Ricchiuto, chief economist at Mizuho Securities, pointed out that currently neither the hawks supporting maintaining interest rates nor the doves advocating for easing policies hold a majority; most Federal Reserve officials take a neutral stance.