Fed observers have noticed that in the process of rapid interest rate hikes over the past few years and interest rate cuts that began last month, there were relatively few objections in the Fed's official interest rate setting vote. Federal Reserve Daly said in a speech at NYU's Stern School of Business, but that doesn't mean every FOMC meeting doesn't have heated debates. Daly said that the voting committee may disagree with a decision by the Federal Reserve, but if their level of disagreement does not rise to a firm difference of opinion, they will not raise any objections. “Dissent is not the only sign of disagreement and controversy.” she said.

Fed observers have noticed that in the process of rapid interest rate hikes over the past few years and interest rate cuts that began last month, there were relatively few objections in the Fed's official interest rate setting vote. Federal Reserve Daly said in a speech at NYU's Stern School of Business, but that doesn't mean every FOMC meeting doesn't have heated debates. Daly said that the voting committee may disagree with a decision by the Federal Reserve, but if their level of disagreement does not rise to a firm difference of opinion, they will not raise any objections. “Dissent is not the only sign of disagreement and controversy.” she said.