Federal Reserve Officials Express Diverging Views on Interest Rate Cuts

According to BlockBeats, the U.S. dollar experienced a slight decline on Tuesday as investors assessed comments from several Federal Reserve officials made on Monday, highlighting differing opinions on the continuation of interest rate cuts. Federal Reserve member Goolsbee stated that he is not in a hurry to cut rates again, citing inflation levels that remain above the 2% target. In contrast, another official, Milan, argued that the current policy is "still too tight." San Francisco Fed President Daly expressed an open attitude towards a potential rate cut in December, while Board member Cook did not commit to further reductions.