Uh-Oh! The Fed Meeting Minutes Point to a Big Shift in Monetary Policy That May Upend a Historically Pricey Stock Market.

Jerome Powell’s final FOMC meeting was marked by a record four dissents, despite his having the lowest dissent rate per meeting of any Fed chair since 1978. The article is primarily a governance/leadership takeaway on Fed decision-making rather than a new policy action or market-moving rate announcement.

Analysis

Jerome Powell’s final FOMC meeting was marked by a record four dissents, despite his having the lowest dissent rate per meeting of any Fed chair since 1978. The article is primarily a governance/leadership takeaway on Fed decision-making rather than a new policy action or market-moving rate announcement.