Strategist says Fed officials may no longer be trying to preserve a unified stance

Odaily, citing Jin10, reported comments from Mark Hackett, chief market strategist at Nationwide Investment Management Group in Philadelphia, on the latest Federal Reserve rate decision. Hackett said the dissenting votes could point to a new pattern in which policymakers are showing greater independence rather than deliberately maintaining a unified position. He also referred to a report from Citadel Securities that had called for a rate hike before the decision. With the outcome now out, Hackett said the market is seeing a relief rebound. Even so, he cautioned that it is still too early to make firm calls on market direction before Waller’s press conference. The remarks focused on how investors are reading the split within the Fed and the near-term reaction that followed the decision.