According to CoinMeta, as reported by AiCoin, five out of the 12 regional Federal Reserve chairmen have publicly supported interest rate hikes since the July policy meeting, arguing that the current monetary policy is not sufficiently restrictive. Cleveland Fed Chairman Loretta Harker, Dallas Fed Chairman Robert Kaplan, Minneapolis Fed Chairman Neel Kashkari, Kansas City Fed Chairman Esther L. Pachter, and St. Louis Fed Chairman James Bullard have favored rate increases, while seven Federal Reserve governors, New York Fed Chairman Jerome Powell, and Philadelphia Fed Chairman Patrick Harker have favored keeping interest rates unchanged. This divergence in policy positions has directly weakened market expectations of a rate cut within the year, and the policy game in a high-interest-rate environment has increased the volatility risks in financial markets.