Fed mouthpiece: December rate cut vote will be very close.

According to ChainCatcher, citing Jinshi, Nick Timiraos, often referred to as the "Federal Reserve mouthpiece," commented on the October Fed meeting minutes, noting that the divergence in opinion regarding a rate cut next month has deepened, leading to increasing unease among policymakers about a December rate cut. Several participants believed that a further rate cut in December might be appropriate if economic developments meet expectations. Many participants indicated that maintaining the target range might be suitable, and the December vote appears likely to be very close.