[Federal Reserve Officials Turn Hawkish Overnight, Further Rate Cut Space May Be Limited] BlockBeats News, November 14 – Federal Reserve officials collectively turned hawkish overnight, suggesting that the room for further rate cuts may be limited. Minneapolis Fed President Neel Kashkari was the first to express his stance, stating that he did not support the Fed's rate cut decision in October but remains undecided on the best course of action for the December meeting. The fundamental resilience of U.S. economic activity is stronger than expected, and the Fed should have paused rate cuts during the October meeting. Fed official Harker stated that monetary policy still needs to remain tight to curb inflation and bring it back to target levels. The Fed's dual mandate of inflation and employment is facing challenges, making this a difficult period for monetary policy. Harker also mentioned that he is not concerned about the weakening of the U.S. dollar, saying, 'We started from a position of extreme dollar strength, so this year's weakening largely brings the dollar closer to its theoretical fair value, making it more reasonable compared to other currencies.' Fed official Mester took a relatively moderate stance but still emphasized that there is limited room for further easing of monetary policy. Mester said, 'Looking ahead, we need to act cautiously. I believe we need to continue applying pressure on inflation above target while providing some support to the labor market.'