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Elmar Voelker: A split may emerge in the Federal Reserve’s Wednesday vote, or it could affect the outcome of the September meeting

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ME News. On July 27 (UTC+8), LBBW senior fixed income analyst Elmar Voelker said in a report that investors may focus on the number of potential dissenting votes in the Federal Reserve’s Wednesday rate decision. He believes there could be up to three dissenting votes, because as early as April there had been a bloc of that size voting against the Fed’s forward guidance. If the Fed were to unanimously decide to take a wait-and-see monetary policy stance, it would be an unexpected development that would benefit the bond market, shaking participants’ widely held expectations for a rate hike in September. (Source: ChainCatcher)
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