FOMC rate decision could mark return of dissenters, offer clues for December – Natixis - Kitco

FOMC rate decision could mark return of dissenters, offer clues for December – Natixis - Kitco

Source: Kitco

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DW NOTE

The Fed is about to hold rates at 3.75%-4.00% while oil supply is down 6% globally, 10-year yields sit at 5.00%, and headline CPI runs at 3.4%. If that gap produces formal dissent this week, it won't be because the dissenters are hawks — it will be because three governors finally noticed that monetary policy stopped tracking reality eight months ago.

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