00:00Just your only reaction to this call and that dissent. I don't think it was at all surprising.
00:06The two dissents could have been a bit more interesting. I think Myron could have gone for 75 basis points.
00:13After all, he wanted 50 last time. So there's 25 that he's owed plus another 50 this time.
00:19That would have been fun. And Schmidt, where was he last meeting? Where was he last meeting?
00:23Now you've had more evidence that the labor market is feeling a bit spongier and inflation's not as much of a threat as we thought back in September.
00:33And suddenly he reemerges. To me, it tells me that Powell is losing his grip on the Fed.
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