🏛️ Analysis of the Fed's Decision: A Dissenting Vote Surprises the Market
Today's meeting of the Federal Open Market Committee (FOMC) of the Federal Reserve brought the expected reduction of 0.25 percentage points in the basic interest rate, which now stands between 4% and 4.25%.
However, the most relevant point was the dissent of Stephen Miran, the recently confirmed director. Miran, appointed by Trump, was the only one to advocate for a more aggressive cut of 0.5 percentage points, signaling a new approach within the central bank.
The decision shows a shift in the Fed's focus, which is now more concerned with the weakening of economic growth and the risk of unemployment, minimizing concerns about inflation.
This Fed movement may have a significant impact on the liquidity of risk asset markets, such as cryptocurrencies. Keep an eye on the upcoming developments!
What is your opinion on Stephen Miran's divergence? Do you believe his view reflects the political pressure for deeper cuts?
