Federal Reserve minutes signal hawkish stance: Most expect another rate hike within the year, but no clear urgency in October.

BlockBeats news, October 8 - The minutes of the Federal Reserve's September meeting show that on the decision to raise interest rates, the Fed's policy-making body demonstrated a relatively hawkish consensus, although their reasons for supporting a rate hike were divided. The minutes show that "most participants believed that further increases in the target range for the federal funds rate before the end of this year might be appropriate." But participants also stressed that they remain open-minded for each meeting, and future policy decisions will depend on the latest information available at that time.

Nick Timiraos, a journalist known as the "New Fed Wire," emphasized the content of the Fed meeting minutes: "Regarding the monetary policy outlook after the current meeting, most participants believed that another increase in the target range for the federal funds rate before the end of this year might be appropriate."

As of press time, according to CME data, investors are currently pricing in less than a 20% probability of a 25 basis point rate hike at the Fed's October 27-28 meeting, a sharp drop from about 70% in the days after the September decision was released. The U.S. Consumer Price Index (CPI) to be released on October 14 may become an important data point affecting this expectation.