[Federal Reserve Meeting Shows Hawk-Dove Divergence for the First Time in Years] On October 30, the Federal Reserve's interest rate decision revealed a rare hawk-dove divergence. Board member Stephen Milan advocated for a one-time rate cut of 50 basis points for the second consecutive meeting, rather than the implemented 25 basis points; Kansas City Fed President Schmidt opposed any rate cuts, advocating for maintaining rates unchanged. This dual dissent last occurred in September 2019, indicating significant internal division within the Federal Reserve regarding the economic outlook.