LBBW Analyst: Fed Vote May See Up to 3 Dissents on Wednesday

According to LBBW senior fixed income analyst Elmar Voelker on July 27, investors should closely monitor potential dissenting votes in the Federal Reserve's rate decision this Wednesday. Voelker expects up to three dissenting votes, noting a similar-sized faction opposed the Fed's dovish forward guidance as early as April. A unanimous decision would surprise bond markets and challenge current expectations that September rate hikes are nearly certain.
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