The Fed cuts interest rates by almost 70%, market focuses on voting differences and Powell's wording According to a report by Golden Finance, this week's Federal Reserve interest rate meeting is expected to be one of the most controversial in years, with investors focusing on the extent of disagreement among policymakers over interest rate cuts and signals from Powell regarding the future path. Janus Henderson believes that in the long run, the December meeting will have little impact on the market. There may be some fluctuations in the short term, but the actions in the first half of 2026 are more important than in December. Wilmington Trust believes that the market has basically digested the Fed's interest rate cut action, and the real key is the Fed's policy guidance. They are expected to be very cautious, emphasizing that it depends on economic data. Some observers believe that the probability of the Federal Reserve cutting interest rates is not as high as the market suggests, and they are more concerned about Powell's statement and the proximity of policy votes. Nomura economists point out that nothing is certain yet, and the market underestimates the risk of the Federal Reserve choosing not to cut interest rates in December. It is very interesting how many opposing votes there will be when making a decision to cut interest rates. With the rotation of the four regional Fed chairs, their positions will reveal how much independence they intend to uphold and how much pressure they will put on the Fed. (Golden Ten)