institutional analysis points out that the Federal Reserve's October policy meeting minutes may more clearly reveal the differences of opinion among policymakers. At that time, decision-makers were not only facing the dilemma of the absence of official data but also had to weigh conflicting market signals, all during a special period of leadership transition in the last few months of Chairman Powell's term. Last month's meeting saw rare dissenting voices both supporting easing and tightening monetary policies. After the Federal Reserve decided to cut interest rates by 25 basis points with a 10-2 vote, Powell acknowledged "serious differences of opinion" at the press conference. Due to the U.S. government shutdown causing an interruption in the release of official data before the October meeting, officials had to rely on alternative information for assessment, which may have increased their growing caution toward further rate cuts. "More and more members believe that at least a pause to observe a cycle is necessary," Powell told reporters last month. Although government economic data is gradually resuming publication (the September nonfarm payroll report will be released on Thursday), the full schedule for missing data releases remains unclear, and it is uncertain what information will be available before the Federal Reserve's next meeting in December.