Fed Holds Rates Steady at 4.25%-4.5%—First Dual Dissent in Decades Sparks Market Chatter
The Federal Reserve just hit pause—again. Rates stay frozen at 4.25%-4.5% as inflation plays hardball. But here’s the twist: two dissenting votes cracked the consensus, marking the first dual rebellion since Y2K-era policy fights.
Wall Street’s reaction? A collective shrug—traders already priced in the stalemate. Meanwhile, crypto markets barely flinched, proving digital assets now treat Fed drama like background noise. (Take notes, legacy finance.)
Behind the scenes: Hawks wanted another hike. Doves begged for cuts. Powell? Stuck playing referee while the economy runs hotter than a GPU mining rig. One thing’s clear: When even central bankers can’t agree, maybe it’s time to ditch fiat math altogether.