Media: There may be three voting committee members at this Federal Reserve meeting who want to keep interest rates unchanged

According to IFR, a media outlet owned by Reuters, the first headline that market participants will see in addition to the 25 basis points of interest rate cuts in this Federal Reserve decision may be the opposition of three or more officials. There is no doubt that Waller, Bowman and Milan will be the three, they want to cut rates more sharply, and the other opponents may be Goolsbee, Schmid or Musalem, who want to keep rates unchanged. However, what traders really focus on is the FOMC's dot plot, whether it forecasts only one more rate cut in 2025 or two more rate cuts. Trump's strategy to oust Federal Reserve Governor Cook is likely to ensure that today's rate cut will be followed by two more rate cuts in 2025.