PANews, November 24 - According to Jin10, Barclays Research pointed out that there is still uncertainty regarding the Fed's interest rate decision next month, but Chairman Powell is likely to push the FOMC to make a rate cut decision. Based on recent speeches, Barclays believes that Governors Mulan, Bowman, and Waller may support the rate cut, while regional Fed Presidents Musalem and Schmidt tend to maintain the current interest rate. Governors Barr and Jefferson, as well as Goolsbee and Collins, have recently indicated that their positions are still unclear but lean towards maintaining the status quo. Governors Cook and Williams rely on data but seem to support a rate cut more. Barclays stated, “This means that before considering Powell's position, there may be six voters inclined to maintain the interest rate, and five inclined to cut it.” The bank added that Powell will ultimately dominate this decision, as the threshold for governors to publicly oppose his stance is very high.
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