The 12-member FOMC voted 10-2 to hold rates at a target range between 3.75 and 4.00%, citing the need for more data in the fight against inflation
The US Federal Reserve kept its benchmark interest rate unchanged at 3.75-4.00 per cent, pausing after its first rate hike since 2023 last month as policymakers weigh persistent inflationary...
The Fed's rate-setting body, voted 10-2 to maintain its benchmark rate in a target range of 3.75% to 4%.
The US Federal Reserve on Wednesday held interest rates steady, in line with market expectations, days ahead of crucial midterm elections where surging inflation has been a key issue. The...
The US Federal Reserve held interest rates at 3.75-4.00% in a 10-2 vote, citing persistent inflation, as two policymakers backed a 25-basis-point hike ahead of the midterm elections.
The US Federal Reserve left interest rates unchanged at 3.75% to 4.0% amid persistent inflation, while citing a strong economy and awaiting further data before deciding on future policy steps.
State of the Union: The decision, which was widely expected, follows a rate hike last month.
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