Golden Finance reported that the lineup of the Federal Reserve's interest rate setting committee is about to be replaced. At the same time, renewed concerns about inflation have made the central bank's decision-making more complicated. The Fed cut its benchmark policy rate by 25 basis points earlier this month and signaled it would cut rates only twice in 2025. Chairman Jerome Powell made clear that the central bank is entering a new phase, with future rate cuts likely to be more gradual and dependent on whether inflation weakens. In addition to the seven Fed governors and the New York Fed president, the presidents of 11 regional Fed banks will also take turns voting on interest rate decisions at the Federal Open Market Committee (FOMC). The agency predicts that there will be more disagreements at the FOMC in 2025. An assessment of committee voting members along the hawkish-dovish spectrum finds that FOMC voting members will be more divided next year, with views dispersed at both ends of the spectrum and less concentrated in the middle.