Federal Reserve Governors Milan and Schmid oppose this decision

BlockBeats News, October 30, the Federal Reserve FOMC statement: Federal Reserve Governor Milan opposed this interest rate decision, believing that rates should be cut by 50 basis points. Federal Reserve's Schmid opposed a rate cut and supported keeping rates unchanged.

Since the beginning of this year, inflation has risen and remains at a high level. Existing data show that the economy is expanding at a moderate pace. After the balance sheet reduction ends on December 1, the principal from maturing mortgage-backed securities will be reinvested in short-term Treasury bonds. (Golden Ten Data)