CryptoWorld News reports that analysts noted that today’s decision by the Federal Reserve to keep interest rates unchanged was expected, but what stands out are the dissenting views. Ironically, Powell—widely seen as someone who can help build consensus—very likely during what would be his last meeting as Fed Chair also presided over the meeting with the highest number of dissenting votes. This policy statement also upgraded the description of inflation from “somewhat elevated” to “elevated.” Combined with the clear divisions within the committee, this highlights the challenges Kevin Walsh faces in achieving the rate-cut goals that Trump hoped for. Unless the labor market deteriorates significantly, it is difficult to imagine this divided committee taking action to cut rates anytime soon.