Fed: Internal Division Battle

· Williams (dove): The policy is slightly tight, there is still room for interest rate cuts in the near term, and inflation can return to 2% by 2027.
· Collins (hawkish): Clearly opposes a rate cut in December, believing that the current moderate tightening is appropriate.
· Market expectations: 69.4% probability of a rate cut in December, but Wall Street has begun to waver...