--- title: "The minutes from the December meeting are coming, and the details of the \"hawk-dove battle\" within the Federal Reserve are about to be revealed!" type: "News" locale: "en" url: "https://longbridge.com/en/news/271108905.md" description: "The Federal Reserve will release the minutes of the December meeting at 3:00 AM Beijing time on Wednesday, which is expected to reveal divisions among decision-makers regarding interest rate cuts. At the meeting, the Federal Reserve lowered the policy interest rate by 25 basis points to 3.50%-3.75%, resulting in three dissenting votes. Federal Reserve Chairman Jerome Powell stated that officials have strong differing views on the risks of concern, reflecting the divisions among decision-makers. Next year, opinions on the direction of interest rates are expected to be more polarized, with some officials supporting rate cuts while others believe that rates should not be lowered" datetime: "2025-12-30T13:01:17.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/271108905.md) - [en](https://longbridge.com/en/news/271108905.md) - [zh-HK](https://longbridge.com/zh-HK/news/271108905.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/271108905.md) | [繁體中文](https://longbridge.com/zh-HK/news/271108905.md) # The minutes from the December meeting are coming, and the details of the "hawk-dove battle" within the Federal Reserve are about to be revealed! **The minutes of the Federal Reserve's policy meeting on December 9-10, expected to be released at 3 AM Beijing time on Wednesday, will prompt a reevaluation of the disagreements among decision-makers regarding the decision to lower short-term interest rates for the third consecutive time and signal that rates will remain unchanged in early 2026.** The decision to lower the policy interest rate range by 25 basis points to 3.50%-3.75% triggered three dissenting votes—two from regional Fed presidents who believe a rate cut is unnecessary, and one from Fed Governor Milan, who has become the sole advocate for a significant 50 basis point cut for the third time since joining the Fed in September. With inflation rates above the Fed's 2% target and a weakening job market, Fed Chairman Powell stated after the meeting that there are "strongly differing views" on which of these two risks requires more policy attention. "This is not the usual case where everyone agrees on direction and approach," he said. **Powell indicated that the 9 to 3 rate cut decision reflects "quite broad support" among officials and places the Fed in a "wait-and-see" mode regarding how the economy develops.** The Fed's forecasts suggest that the two hawkish dissenters—Kansas City Fed President George and Chicago Fed President Goolsbee are not alone; among the seven non-voting regional Fed presidents, as well as those who temporarily pressed pause on their skepticism about rate cuts to support Powell and the majority voting members, there are allies. **Among the 19 decision-makers, 6 listed 3.9% as an appropriate rate for the end of 2025, which is higher than the actual rate after the cuts.** **For next year, the divergence among decision-makers regarding the direction of interest rates is even greater, with some believing that no rate cuts are appropriate, while others support one, two, or more cuts.** Since that decision, a series of official economic data releases delayed due to the government shutdown tend to support the dovish view, although economists say that the missing reports and estimated data are too numerous to be highly credible. For example, the Consumer Price Index (CPI) rose a relatively mild 2.7% year-on-year in November, but most of the data was collected in the second half of the month (after the government reopened), when retailers were offering discounts for the holiday season. Another report showed the unemployment rate rising to 4.6%, but this was derived using an unusual method, as the government shutdown hindered regular data collection efforts ## Related News & Research - [Samsung Vs. SK Hynix: The High-Stakes Race To Perfect 'Hybrid Bonding' For Nvidia's Next AI Chips](https://longbridge.com/en/news/281761579.md) - ['Just Argue With Dario:' Inside Anthropic's AI Culture Where Employees Publicly Challenge CEO On Slack](https://longbridge.com/en/news/281752773.md) - [PREVIEW-Samsung Elec likely to report stupendous surge in quarterly profit to record level](https://longbridge.com/en/news/281721327.md) - [Western Financial Corp CA Makes New Investment in Intel Corporation $INTC](https://longbridge.com/en/news/281757969.md) - [Reliant Investment Management LLC Buys 59,255 Shares of Netflix, Inc. $NFLX](https://longbridge.com/en/news/281746960.md)