Federal Reserve officials are divided on the future path of monetary policy following the third and final interest rate cut of 2025. The December meeting saw three dissenting votes, the highest number since 2019, highlighting growing internal disagreements. Fed Chair Powell indicated potential negative employment growth, while Goldman Sachs raised concerns about the accuracy of job data. The Fed's latest statement included new language on the 'magnitude and timing' of future easing, reflecting the ongoing debate. Meanwhile, market participants continue to navigate CFT compliance pressures amid these developments.