đ¨ Fed Divide Grows as âSilent Dissentsâ Challenge Powellâs Rate Cuts
Powell tried to downplay the pushback after announcing another 0.25% rate cut â but the details tell a different story.
Behind closed doors, the Fed is far more split than it appears.
A few officials openly voted against the cut, but whatâs more revealing is this:
A much larger group of regional Fed presidents â those who participated in the discussions but didnât vote this year â also made it clear they disagreed with lowering rates.
These quiet but firm objections show a growing internal divide:
⢠Powell is determined to keep easing.
⢠A rising number of officials think heâs moving too quickly.
⢠The tension inside the central bank is now impossible to ignore.
The real question:
Does Powell push forward⌠or does this resistance start to reshape future decisions?
More updates soon.
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