The Federal Reserve's interest rate decision shows a two-way divergence for the first time in many years

ChainCatcher news, according to Jinshi reports, this Federal Reserve interest rate decision has encountered a rare situation of "hawk-dove duality." Governor Stephen Milan advocated for a more aggressive rate cut for the second consecutive meeting, suggesting a one-time cut of 50 basis points instead of the actual 25 basis points; meanwhile, Kansas City Fed President George Smith opposed any rate cut from a hawkish stance, advocating for keeping rates unchanged.

The last meeting with such divergent opinions occurred in September 2019, reflecting a significant divergence in the Federal Reserve's internal judgment on the economic outlook.