"Should maintain restriction" vs "should support employment" - divergence in views among Federal Reserve regional presidents on whether to continue cutting interest rates.

According to the Zhitong Finance APP, internal divisions within the Federal Reserve on the next policy path are becoming increasingly apparent. Several regional Fed presidents gave speeches on Thursday, expressing different views on inflation pressures, labor market resilience, and whether interest rates should continue to be lowered. Following the latest round of rate cuts, the Federal Reserve's benchmark interest rate is currently in the range of 3.75% to 4%, but there is no consensus among decision-makers on whether this range still has "restrictive" properties.