Multiple regional Fed presidents take a cautious stance on excessive rate cuts, the US dollar index has risen for the third consecutive day.

According to the WiseFinance app, several regional Federal Reserve presidents publicly expressed their dissatisfaction with the interest rate cut decision this week, indicating that internal divisions within the Fed regarding the future interest rate path are rapidly widening. Many officials stated that the current U.S. labor market remains resilient and inflation levels remain high, so there was no need for a 25 basis point rate cut this week and they do not support further easing of policy at the December meeting.