⚠️ The Fed is deeply divided — and markets are reacting
The Fed held rates steady, but the real shock was inside the vote split.
📊 Fed vote breakdown:
• 8 wanted a pause
• 3 wanted hikes
• 1 wanted cuts
💣 Biggest dissent inside the Fed since 1992.
👇 Why this matters:
Some officials see inflation from the Iran/oil shock as temporary.
Others fear: 📈 Oil spike
📈 Rising CPI
📈 Persistent inflation pressure
At the same time:
📉 Growth slowing
📉 Job market weakening
So now the Fed is split between: • Fighting inflation
OR
• Supporting the economy
⚡ And markets hate uncertainty more than anything.
That’s why crypto and risk assets are reacting hard right now.
All eyes now shift to Powell’s tone.