The Fed is so divided that the next vote on rates could result in an unprecedented tie, analysts say. ‘Then things would get really messy’

(Credit: Win McNamee—Getty Images)

The typically consensus-driven Federal Reserve is looking more and more divided lately, so much so that next month’s rate-setting meeting could produce a deadlock, according to Capital Economics.

After two earlier cuts, recent comments from policymakers have been leaning hawkish as inflation remains stuck above the Fed’s target, dampening hopes for more easing at the Federal Open Market Committee’s Dec. 9–10 meeting.