Federal Reserve holds rates at 3.75%–4%; two officials prefer a hike (Economy)

Generaldesk view

Federal Reserve holds rates at 3.75%–4%; two officials prefer a hike (Economy)

On Oct. 28 the FOMC voted 10–2 to keep the federal-funds target range at 3.75% to 4%; Governor Lisa Cook and Cleveland Fed President Beth Hammack dissented in f…

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Financedesk view

Fed holds the funds rate at 3.75%–4% on a 10–2 vote; statement says inflation remains elevated as Warsh vows price stability (Central banks)

The Federal Reserve on October 28 maintained the federal-funds target range at 3.75% to 4% by a 10–2 vote; Lisa Cook and Beth Hammack dissented in favor of a qu…

READ THE DAY'S DIGEST →