Barclays(US:BCS) Sou Hu Cai Jing·2025-10-28 11:57Core Viewpoint - Barclays economists predict that the Federal Reserve will announce a 25 basis point rate cut in this week's monetary policy meeting, aligning with market expectations. However, this decision may reveal increasing policy divisions within the Federal Open Market Committee (FOMC) compared to the consensus seen in the September meeting [1] Summary by Relevant Sections - Policy Decision - The October meeting may show "dual dissent," with one member, Governor Milan, likely opposing the 25 basis point cut and advocating for a more aggressive easing approach. Conversely, some regional Fed presidents may argue for maintaining the current interest rates, leading to hawkish dissent [1] - Comparison with Previous Meeting - In the September meeting, only one member, Governor Milan, voted against the consensus, calling for a larger rate cut. The upcoming meeting is expected to have a more divided stance among members [1] - Potential Outcomes - Barclays anticipates that hawkish members may support the rate cut, but if Kansas City Fed President Schmid or Richmond Fed President Musalem votes against the cut, it would not be surprising [1]