The Fed just cut rates by 25 basis points, but here's the interesting part—the vote wasn't unanimous. It was 9-3, which shows some real division on the committee about where we're headed.

Powell made a pretty revealing comment after the decision. He acknowledged that the Fed's dual mandate—keeping inflation in check while supporting employment—is getting trickier to balance. Those two goals are pulling in different directions right now.

For anyone watching traditional markets or crypto, this matters. Rate decisions ripple through everything from bond yields to risk asset appetite. The split vote suggests uncertainty about whether they're threading the needle correctly on this tightening cycle.