POWELL IS ONE DISSENT AWAY FROM DISASTER
Wednesday's FOMC meeting is shaping up to be a defining moment for Jerome Powell, extending far beyond the standard rate discussion. While the market focuses on the immediate hike or pause decision, the real drama is internal. Powell currently maintains the lowest dissent rate per meeting in modern history, a mere 0.33. However, he is now just one dissenting vote away from matching Janet Yellen’s total number of career dissents. If a major hawk or dove breaks ranks this week, it signals a fracture in the Federal Reserve's consensus. A lack of unified conviction could violently shake liquidity expectations and place significant pressure on risk assets like $BTC and $ETH. This is less about the next 25 basis points and everything about the stability of the entire system.
Not financial advice. Trade with caution.
#FOMC #Fed #Macro #Crypto #BTC
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