Mike Shedlock: Fed holds rates steady with two dissents for hike

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28.10.2026

Mike Shedlock: Fed holds rates steady with two dissents for hike — Fed holds rates steady with dissent

The Federal Reserve held interest rates steady, with two members dissenting in favor of a hike.

Mike Shedlock, author and blogger at MishTalk, noted that one of the dissents was by Lisa Cook, which he said is sure to anger U.S. President Donald Trump.

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Shedlock recently highlighted a major collapse in U.S. Treasury yields over two weeks, raising questions about drivers beyond inflation and oil prices. He has also questioned the rationale behind U.S. imports of Russian diesel given high domestic export volumes. These topics have been central to Shedlock's recent market commentary.

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