Analyst: The Federal Reserve seems to be entering a new phase with increasing internal disagreements

Golden Finance reported that on April 30, analyst Anstey pointed out that we seem to be in a new territory and need more time to understand the current situation. We need to note that, as for the interest rate decision itself, the only dissenting voice is Milan, who wants to cut the interest rate by 0.25 percentage points. The other three members—Harmack, Kashkari, and Logan—believe it is appropriate to keep the interest rate unchanged today. Interestingly, these three commissioners who disagree with the policy stance generally interpret this statement as leaning toward easing. Because, from the literal wording, it is clearly neutral: the committee will adjust its monetary policy stance as appropriate based on actual conditions to prevent risks that could hinder the achievement of the committee’s goals. “Goals,” of course, are to maintain price stability and achieve full employment. But in my view, the three of them seem to believe this phrasing is mainly intended for the task of employment.