Federal Reserve Bank of Cleveland President Beth Hammack was a dissent at the Federal Open Market Committee (FOMC) on Wednesday, saying "No" to a rate cut. Preferred a hold.
I'll come back to this.
The Wall Street Journal's Fed insider Nick Timiraos (who gave us the scoop on what was coming before it happened) has posted this;
From 3 to 15! That's 5x! A huge jump.
My question is, why was Hammack the only dissent? Groupthink alert folks ...
This article was written by Eamonn Sheridan at www.forexlive.com.
I'll come back to this.
The Wall Street Journal's Fed insider Nick Timiraos (who gave us the scoop on what was coming before it happened) has posted this;
From 3 to 15! That's 5x! A huge jump.
My question is, why was Hammack the only dissent? Groupthink alert folks ...
This article was written by Eamonn Sheridan at www.forexlive.com.