Dissenting votes by multiple Federal Reserve officials (the U.S. central bank) have become common in recent interest-rate decisions, according to SGH Macro Advisors Chief U.S. Economist Tim Duy. He said markets are focused on how broadly policymakers are concerned about inflation, particularly while it remains above target. With the labor market stabilizing, some officials believe rates should be raised to contain inflation. Investors will therefore watch for the degree of internal consensus on inflation risks and the extent of policy differences within the Federal Reserve.