Most divided since 1992 - but the dissenters weren't on the same side. A Fed divided between hawks and doves, a new chair with limited coalition support for cuts, sticky energy-driven inflation, and a geopolitical wildcard. Markets are currently pricing in no changes for the rest of 2026 and well into 2027. The 8-4 split today makes that more credible

One of the biggest misconceptions held by the general public is that it’s better for dissenters to stay and try to use their position and proximity to power to affect change from the inside. That’s completely false. Especially when you’re dealing with an egomaniac like Donald Trump. The best thing for men and women of conscience to do in a situation like that is exactly what Joe did: stand tall, resign with conviction and pull the fire alarm as you’re walking out the door.

The Fed held rates at 3.75-4.00% in a 10-2 vote. Two dissenters, Cook and Hammack, wanted another quarter-point hike. The statement says inflation "remains elevated" but the committee needs an "accumulation of more information" before acting. Translation: they hiked in September for the first time since 2023 and now they are sitting on their hands watching tariff-driven price distortions they cannot distinguish from real demand. Meanwhile productivity growth is strong, capital investment is robust, and job gains are keeping pace. The economy looks fine on paper because AI capex is masking weakness everywhere else. The Fed is flying blind and they know it.

The founder of r/BitcoinKnots has denounced the project and come back to Bitcoin. Hopefully many others follow. Bitcoin needs dissenters and debate to stay strong in the long run.

THE FED HELD. THE MARKET STILL HAS TO DECIDE.FOMC left rates at 3.75–4%. Two dissenters wanted a hike. Inflation stays “elevated.” Tomorrow: BTC & ETH monthly options decision is priced. The next one isn’t. Will the options expiry drive the bigger move than the hold? YES or NO — price it before the open. 🔮#Foreso# #FOMC# #Bitcoin# #Options# #PredictionMarkets#

🇯🇵BOJ hikes 25bp; flags AI, Mideast and FX as upside inflation risks Bank of Japan raised policy rates by 25bp; vote 7-2 with two dissenters. BOJ said it will continue to raise rates as warranted by economic, price and financial conditions, with no preset timing or pace. Officials will monitor Middle East tensions, AI-driven demand and exchange-rate moves for their effects on growth and inflation. Outlook: economy seen as in a moderate recovery but not decisively strong. Inflation: expectations have edged up; wholesale inflation remains elevated from oil, FX and AI demand, raising the risk that underlying inflation could exceed the 2% target. Press briefing reiterated readiness to tighten further and that no specific measures or timetable are ruled out; committee differences are normal and current divergence of views is not a problem. (

🔥🚨 BREAKING — The Supreme Court just BLOCKED the Trump administration from enforcing the new Postal Service screening on mail ballots for the 2026 midterms. Justices Alito and Thomas were the only dissenters. The order leaves states running elections on the old mail system after the White House asked the justices to let USPS check ballot envelopes and require states to hand over lists of voters approved to receive them. Kavanaugh still wrote that the Postal Service may have the power later. Congress MUST PASS THE SAVE AMERICA ACT!