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The market follows the Fed's meeting minutes, and the uncertainty surrounding the interest rate direction intensifies.

According to ChainCatcher, reports from Jin10 indicate that the minutes from the Fed's October policy meeting will be released early Thursday morning Beijing time, increasing investor uncertainty about the path of U.S. interest rates. Last month, the Fed lowered the benchmark interest rate to a range of 3.75% - 4%, but Powell's statement that “further rate cuts by the end of the year are not a foregone conclusion” has reshaped market expectations. Boston Fed President Collins has questioned the possibility of a rate cut next month, emphasizing that “the threshold for implementing additional easing in the near term is relatively high.” Data shortages will become a major obstacle for the Fed's decision-making.

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