The depth of differences among Federal Reserve decision-makers regarding the direction of interest rates and the severity of inflation will be revealed in the minutes of the meeting released early this morning. This summary will reveal the full picture of the most contentious meeting within the Federal Reserve. More and more officials in the Federal Reserve are becoming vigilant, concerned about inflation caused by the Iran war and wary of any future interest rate cuts; And the number of people still inclined to cut interest rates is decreasing. Walsh has stated that he is willing to accept "beneficial internal debates", and he himself has also put forward proposals to support interest rate cuts. A key highlight of this meeting minutes will be the section describing the debate on the outlook for monetary policy by the Federal Open Market Committee (FOMC) in the United States. Deutsche Bank analysts said that although the minutes may appear outdated considering the robust employment report for April and the higher than expected inflation data released last week, they still help measure how the camp advocating for more neutral forward guidance is changing in size. It should be noted that three officials voted against the slightly loose forward-looking guidance wording in the April meeting statement. Since that meeting, the rhetoric of Federal Reserve officials has shifted towards a slightly more hawkish direction.