律动BlockBeats|Mar 18, 2026 02:06
**["Fed's Mouthpiece": Powell's Second-to-Last FOMC Meeting Highlights Growing Internal Divisions Within the Fed]**
BlockBeats News, March 18 — Nick Timiraos, known as the "Fed's Mouthpiece," wrote that the uncertainty brought by the Iran war is expected to further solidify the consensus among most Federal Reserve officials to hold steady during this week's meeting. With Jerome Powell nearing the end of his tenure as Fed Chair, any dissenting opinions will be particularly noteworthy.
The article states that internal divisions within the Fed are increasingly pronounced. The previously near-unanimous voting landscape has now disappeared, with dissenting voices growing louder, especially among several board members appointed by President Trump. Over the past year, three Trump-appointed governors have diverged from the majority opinion, with two even opposing the majority stance during the Fed's last meeting. This week, all three governors may vote against the consensus, advocating for rate cuts.
Even if they ultimately fail to reach agreement, the recurring possibility of such division in meeting after meeting itself signals a shift, one whose impact could extend beyond any single vote. The key issue is not the margin of the voting results but the fact that these three governors were appointed by a president who openly called for lower interest rates. Since 1988, there has not been a case where three governors publicly opposed policy decisions during a meeting.
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