Agency: The dollar strengthened before the release of the Fed meeting minutes

BBH analysts said in a report that the minutes of the Fed meeting to be released tonight may show that some Fed officials opposed a 50 basis point rate cut before being persuaded to vote with the majority. At the meeting on September 18 to launch monetary easing, Fed Governor Bowman was the only dissenter, voting in favor of a 25 basis point rate cut. Since then, the Fed has hinted that it will cut interest rates by another 25 basis points next month, a prospect that has provided some support for the dollar. (Jinshi)