Fed Split Vote Chaos

Añadido: 2026-06-03

[00:00:00]Okay, vote in favor of policy was 8-4 with Myron dissenting in favor of a quarter point cut. Okay, so that he's still going for the cut. But a Hammock, Kashkari, and Logan dissented against the inclusion of the easing bias in the statement. Okay, so that's really interesting. So, basically there are members of the Fed who voted against Powell here to argue that we should actually get rid of any indication that we are even open to cutting rates in the future. Uh so, let's write that down. That's that's somewhat interesting and then we can kind of understand this a little bit better together. So, the Fed's statement and I will jot this down together. So, we've got Hammock, uh Kashkari, and Logan uh voted no.

[00:00:57]Kashkari voted no because they wanted to remove easing bias language from statement. Basically, uh they're trying to send a little warning sign.

[00:01:11]Uh basically, uh warning that we may not uh cut rates anytime soon. The committee uh is happy where they are.

[00:01:23]Uh and uh let's see here. What else would you get? It it also somewhat sets up for a harder time for the