Deutsche Bank economist Matthew Luzzetti said that the four regional Fed presidents who will get voting rights on the Federal Reserve FOMC this year are likely to make more controversial policy decisions. Chicago Fed President Goolsbee is seen as one of the most dovish voices on the committee, while St. Louis Fed President Moussalem and Kansas City Fed President Schmid are seen as potential hawks. It is worth noting that neither Moussalem nor Schmid has previously served on the committee...
Matthew Luzzetti, an analyst at Deutsche Bank, said the Fed's decision today was "easy," but he wasn't too sure if it would be so easy in December. He said that after this rate cut, next month's decision could be "full of dissent" because interest rates are approaching neutral. Therefore, it may make more sense for some to slow the pace of rate cuts.