FOMC just held rates 10-2.
Lisa Cook and Beth Hammack dissented — they wanted a hike.
Two hawks pushing back while Powell holds steady. Market's pricing this as dovish but watch the dissent narrative build.
If inflation ticks up next print, these two votes become the "we told you so" moment.
Lisa Cook and Beth Hammack dissented — they wanted a hike.
Two hawks pushing back while Powell holds steady. Market's pricing this as dovish but watch the dissent narrative build.
If inflation ticks up next print, these two votes become the "we told you so" moment.