🏛 FOMC MEETING: Rare Fed Split Looms as Trump-Appointed Governors Challenge Powell
🇺🇸 Today’s FOMC meeting could mark a historic turning point for U.S. monetary policy.
📰 According to Nick Timiraos of the Wall Street Journal, a rare split vote is on the table — something the Federal Reserve hasn’t seen in over three decades.
🔍 What’s happening?
• Fed Chair Jerome Powell is expected to hold rates steady at 4.25–4.5%, unchanged since January
• Governors Christopher Waller and Michelle Bowman (both Trump appointees) are reportedly pushing for an immediate rate cut
• If confirmed, this would signal an open challenge to Powell’s leadership and highlight growing internal divisions on the future of U.S. rate policy
📊 With inflation cooling but economic uncertainty lingering, the Fed now faces not just external pressure—but internal disagreement.
💡 A split vote doesn’t just signal diverging views on policy—it may reshape market expectations, investor confidence, and the Fed’s unified voice.
#FOMC #FederalReserve #InterestRates #MonetaryPolicy #Economy
https://coingape.com/fomc-meeting-fed-faces-rare-split-as-trump-appointed-governors-challenge-powell-on-rate-cut/?utm_source=bnb&utm_medium=coingape