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Fed meeting minutes: policymakers are divided on whether to cut interest rates in December.
On November 20, the Fed meeting minutes showed that there were disagreements among policymakers on whether to support the interest rate cut decision from the current meeting, and whether a rate cut should be implemented in December. Several participants indicated that, under their current outlook, it is appropriate to keep the interest rate unchanged for the remainder of the year. At the same time, several officials also anticipated that a rate cut in December would be appropriate. (Jin10)