Institutions are split on how the Federal Reserve’s upcoming meeting vote could unfold, according to a report cited by ChainCatcher from Jinshi. TD Securities and JPMorgan expect two hawkish dissenting votes, which they see mainly coming from Hammack and Logan. Commonwealth Bank of Australia and Citi, by contrast, think one or two officials could dissent in favor of a rate hike. UBS Group estimates that if rates are left unchanged, the decision could still receive 8 to 10 votes in support. Prediction market data points to the same implied probability for the two most closely watched officials: both Hammack and Logan are priced at a 58% chance of casting dissenting votes. The differing calls highlight a market focus on not only the rate decision itself, but also the internal distribution of votes and the possibility of visible disagreement within the committee.
ChainCatcher, citing Jinshi, reported that institutions have issued forward-looking assessments of how the Federal Reserve’s upcoming meeting vote may break down.
TD Securities and JPMorgan expect two hawkish dissenting votes, mainly from Hammack and Logan.
Commonwealth Bank of Australia and Citi said one or two officials may dissent in support of a rate hike. UBS Group said that if the Fed leaves rates unchanged, the decision is expected to draw 8 to 10 votes in favor.
Prediction market data showed that both Hammack and Logan had a 58% probability of casting dissenting votes.
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