X @Easy

September Rate Cut Likelihood continues to drop. Down another 3.7% today after FOMC Minutes Released.The Main Takeaways from FOMC Minutes Below.- Bowman & Waller dissented, wanted a 25bps cut (rare dovish split)First dual dissent in 30+ years — signals rising concern about labor weakness + inflation (excluding tariffs).- Majority Still Hawkish“Almost all” other Fed officials backed holding rates at 4.25–4.50%.Sticky inflation & upside surprises in recent data kept the Fed cautious on easing.- Powell balance ...