The latest monetary policy meeting results from the Fed have sparked widespread follow in the market. The meeting decided to lower the benchmark interest rate by 25 basis points, but there is significant disagreement within the committee. One member advocates for a more aggressive 50 basis point cut, while another opposes any rate cut actions.

At the same time, Fed Chairman Powell announced that the balance sheet reduction process will begin on December 1, marking a gradual shift in monetary policy. However, Powell also emphasized that it is not certain whether there will be further interest rate cuts in December, hinting that there is still uncertainty regarding the future direction of policy.

It is worth noting that the market seems to have fully priced in the expectation of this interest rate cut, and the reaction has been relatively muted. This highlights that investors have already digested the expectation of a shift in Fed policy.

Currently, the global economic situation is complex and changeable, and the Fed's policy adjustments will undoubtedly have a profound impact on the global financial markets. Central banks and investors around the world will closely follow the Fed's subsequent moves to adjust their strategies in a timely manner. Future U.S. inflation trends, employment data, and other economic indicators will become key factors in determining the direction of monetary policy.