Federal Reserve officials show divergence on interest rate cuts, and the dollar slightly retreats

According to Jinshi, the dollar softened slightly on Tuesday as investors weighed the remarks made by several Federal Reserve officials on Monday, which highlighted the divisions over whether to continue cutting interest rates. Fed's Goolsbee stated that he is not in a hurry to cut rates again as inflation remains above the 2% target; while another official, Mester, believes that the current policy is "still too tight." San Francisco Fed President Daly expressed an "open attitude" towards whether to cut rates again in December. Governor Cook did not commit to further rate cuts.