Opinion: Three FOMC Members May Prefer to Keep Interest Rates Unchanged in This Fed Meeting

BlockBeats News, September 18th, According to IFR, a media outlet under Reuters, in addition to a 25 basis point rate cut in this Fed decision, the first headline that market participants may see is that three or more officials dissented. Undoubtedly, Bullard, Bowman, and Mester will occupy three positions, as they wanted a larger rate cut. Additionally, dissenters may include Quarles, Schnabel, or Mousallem, who preferred to keep rates unchanged.

What traders are really focusing on is the FOMC's dot plot, whether it predicts only one more rate cut by 2025 or possibly two more cuts. Trump's strategy of removing Fed Governor Powell is likely aimed at ensuring that after today's rate cut, there will be two more cuts in 2025. (FXStreet)