Fed Likely Won't Cut Interest Rates Today—As Powell May Face First Double Dissent In Decades
1. Most economists predict Fed will hold interest rates steady. 2. 96% odds indicate no rate cut from Fed after this meeting. 3. Two governors may dissent for the first time since the 1990s. 4. Trump pressures the Fed for lower rates but most officials remain cautious. 5. Future rate cuts may occur, with 66% odds by September.