The recent view of the Fed's 2025 voting committee shows that more than half are not in a hurry to cut interest rates

According to TechFlow news, on December 10, according to the Golden Ten Data report, the recent view of the Federal Reserve’s 2025 voting committee shows that more than half of them are not in a hurry to cut interest rates:

Dove

1. Fed Governor Milan: The economy needs to cut interest rates sharply, and the Fed should bring interest rates down to neutral levels as soon as possible. There is an intention to shift the Fed’s balance sheet more towards U.S. bonds. (November 25)

2. Fed Governor Waller: Worried about the labor market, inflation is not a big problem. Advocate a rate cut in December, which may then be decided on a meeting-by-meeting basis. (November 24)

3. New York Fed President Williams: The current monetary policy remains moderately restrictive. It is still believed that the Fed has room to cut interest rates in the near term and will not jeopardize its inflation target. (November 21)

4. Fed Governor Cook: A rate cut in December is possible, but this will be based on information gathered during the period, especially if the government shutdown delays the release of official data. (November 4)

5. Fed Governor Bowman: He has not recently expressed his position on the outlook for interest rates, and he is inclined to cut interest rates.

neuter

1. Fed Chairman Powell: Another rate cut in December is not a certainty, and the uncertainty of action needs to be considered. If new information is not available and economic conditions do not change, then there will be reasons to slow down the pace of rate cuts. (October 31)

2. Fed Governor Barr: Expressed concern that inflation is still at the 3% level. Monetary policy needs to be carefully formulated to balance risks. (November 20)

3. Fed Governor Jefferson: As interest rates approach neutral levels, policymakers need to be more cautious in their policy adjustments. The unemployment rate is expected to rise slightly by the end of the year. (November 17)

4. Chicago Fed President Goolsby: Uneasy about the idea of a sharp rate cut early. In the medium term, I think interest rates will fall, but we need to get through the current phase first. (November 21)

caution

1. Kansas Fed President Schmid: Further rate cuts could have a lasting impact on inflation. The reasons for keeping interest rates unchanged in October still guided me until the December decision. (November 14)

2. St. Louis Fed President Musalem: The current monetary policy is closer to neutral than slightly tight. This means that there is limited room for further easing without being overly relaxed. (November 14)

3. Boston Fed President Collins: Given the continued risks to the dual targets of inflation and employment, there are still reasons to be cautious about a rate cut in December. (November 22)