**[Federal Reserve Meeting Minutes Reveal Serious Internal Divisions, Policymakers Stick to Rate Cuts Amid Inflation Warnings]** BlockBeats News, November 20 – The minutes from the Federal Reserve's October policy meeting revealed significant internal divisions among policymakers during last month's rate cut decision. Despite warnings from policymakers that rate cuts could hinder efforts to curb inflation—which has remained above the 2% target for the past four and a half years—they ultimately decided to lower interest rates. The minutes stated: "Many participants supported lowering the target range for the federal funds rate," but it was also noted that some members who supported the rate cut were equally open to maintaining rates at their current level. Several officials directly opposed the rate cut, expressing concerns that "the committee's progress toward achieving the 2% inflation target has stalled, and if inflation does not return to 2% in a timely manner, long-term inflation expectations could rise." The minutes added: "Most participants pointed out that further reductions in policy rates could heighten the risk of persistently high inflation or be misinterpreted by markets as a lack of commitment by policymakers to achieving the 2% inflation target." The minutes reflect the officials' struggle to reach a consensus in the absence of clear data: balancing the dual risks of rising inflation and a weakening labor market, while also warning that a "sharp reassessment" of market investments in artificial intelligence could lead to "disorderly declines in equity markets." (Jin10)