The prospect of Fed rate cuts draws market attention, with Powell's wording in the spotlight

According to ChainCatcher, citing Golden Ten Data, this week's Federal Reserve interest rate meeting is expected to be one of the most controversial in years. Investors are focusing on the extent of disagreement among policymakers regarding rate cuts, as well as the signals Powell will give about the future path. Janus Henderson believes that the December meeting will have little impact on the market, though there may be short-term volatility. Wilmington Trust points out that the market has largely priced in rate cuts, and the key lies in the Fed's policy guidance. Economists at Nomura state that the market is underestimating the risk that the Fed may choose not to cut rates in December, and the number of dissenting votes will reveal the independence of decision-making.