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The Julia La Roche Show · Thursday, September 17, 2026

Fed's 'Unanimous' Decision Questioned Amidst Dissenting Views

Despite Federal Reserve Chair's emphasis on a "unanimous" decision, DeMartino Booth highlights potential internal disagreements. She notes that individuals like Michelle Bowman are expected to call for rate cuts next year, contrasting with more hawkish views, suggesting a "family fight" within the committee.

personMichelle BowmanpersonJeffrey SchmittcompanyKansas City Fed

The tape

2 quotes
“He relished, you could tell, and using the word unanimous. So he was so excited that he didn't have any dissent, like, yay, wonderful. But let's wait and see what happens on Friday. You've got Michelle Bowman, who is for sure one of the individuals calling for rate cuts next year.”
“And at the opposite end of the dovish hawk-spectrums, you've got Jeffrey Schmitt of the Kansas City Fed. So let's see how cordial this family fight was at this Fed meeting.”
Heard on The Julia La Roche Show — “#409 Danielle DiMartino Booth: Fed Is Hiking Into Recession, Consumers Tapped Out, & Credit Tightening”, published Thursday, September 17, 2026. Heardvine summarizes and quotes with attribution and timestamps, and links to the original everywhere.
Transcribed via Gemini audio transcription · $0.05