Analyst: The Federal Reserve's differences are evident, and the issue of inflation is worth paying attention to.

This week, several Federal Reserve officials have indicated that they are cautious about cutting interest rates in December. While they are concerned about inflation, they believe that after two rate cuts this year, there are signs of relative stability in the labor market. These officials' statements have reduced the probability of a December rate cut to below 50%. Bob Savage, the head of macro strategy at NYCB Market, said, "There are clearly divisions within the Federal Reserve, and several officials have admitted that there is limited data to rely on. It is certainly right to focus on inflation, as the inflation rate has remained at 3%." George Cipolloni, a portfolio manager at Mutual Asset Management, pointed out, "Inflation has been quite stubborn. We have heard some interesting comments from Treasury Secretary Mnuchin, who has waived some food tariffs. Frankly, I think this is an admission that they have made mistakes on the tariff issue. We do see weakness in the labor market, that is clear, but it is far from enough in terms of cooling down inflation. Therefore, the Federal Reserve is currently in a dilemma."