Fed holds rates steady but with highest level of dissent since 1992

Powell keeps Fed seat as rate debate turns more divided

The Federal Reserve’s latest decision left interest rates unchanged, but the vote exposed a more fragile policy consensus than the headline suggests. The FOMC held the federal funds target range at 3.5% to 3.75%, yet did so by an 8-4 decision, the largest number of dissents since 1992. That division is now the central message for markets. Governor Miran wanted a 25 basis-point cut, while Hammack, Logan and Kaskhari objected to keeping an easing …

US Fed official says rate hikes may be needed if inflation surges

A key US Federal Reserve official warned Friday that a series of interest rate hikes could be needed if price shocks from the Middle East war are larger than expected, fuelling inflation.

Fed Holds Interest Rates Steady as Dissent Reaches Highest Level Since 1992

The Federal Reserve announced Wednesday, April 29 that it will keep its benchmark interest rate unchanged at a range of 3.5 percent to 3.75 percent. The decision met market expectations, but the number of dissenting votes reached its highest level since 1992. According to CNBC, this meeting was widely seen as potentially the final rate […]

Fed Reserve holds rates steady for third time this year, as Powell transition nears

The Federal Reserve chose to keep interest rates unchanged on Wednesday, extending a pause that has now lasted three consecutive meetings in 2026. The decision comes as policymakers confront rising inflation tied to a surge in global energy prices following the Iran war, alongside uneven economic growth and hiring. Officials voted to maintain the benchmark rate between 3.5% and 3.75%, though the decision exposed rare divisions within the central…

Fed holds rates steady amid sharp divide over policy easing bias

WASHINGTON — The Federal Reserve held interest rates steady on Wednesday, but in its most divided decision since 1992 noted rising concerns about inflation in a policy statement that drew three dissents from officials who no longer feel the U.S. central bank should communicate a bias towards lowering borrowing costs. The post Fed holds rates steady amid sharp divide over policy easing bias appeared first on Hawaii Tribune-Herald.

Fed Holds Rates for Third Straight Meeting as Dissenters Drive 30-Year Treasury Yield to 5%

The Fed voted 8-4 to hold rates at 3.5%-3.75% with its most divided decision in 30 years, sending the 30-year Treasury yield to 5% and pushing bitcoin briefly below $75,000.