Powell faces unprecedented pressure! Two members of the Federal Reserve board may oppose interest rate decisions at the July meeting.

Wisdom Financial APP learned that the Federal Reserve will hold a new round of monetary policy meetings on July 29-30. The market generally expects the federal funds rate to remain unchanged in the target range of 4.25% to 4.5%. However, this meeting may see two Fed governors casting dissenting votes for the first time since 1993, showing that internal disagreements on whether to cut interest rates are escalating.