Federal Reserve Minutes Send Hawkish Signals: Rate Hike Possible by Year-End

On Oct 8 that, according to Jin10 Data, the latest meeting minutes released by the Federal Reserve have sent clear hawkish signals. The minutes indicate that most participating officials believe another rate hike remains necessary before the end of the year, demonstrating a strong consensus on further tightening. However, recent public remarks by officials have significantly cooled market expectations for additional action in October.

Meanwhile, the sustained rise in long-end US Treasury yields is acting similarly to monetary policy tightening. Against this backdrop, market participants are closely monitoring whether the Federal Reserve will take further measures to intervene in bond market volatility.