Federal Reserve keeps interest rates constant
13 Articles
13 Articles
The Press of Atlantic City
Federal Reserve keeps interest rates constant
WASHINGTON — The Federal Reserve held interest rates steady 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…
President of the Cleveland Federal Reserve Bank, Beth Hammack, said on Friday that he voted against the entity maintaining its orientation towards flexibility this week.
Powell Exits a Fed Fractured by Inflation Debate
The Federal Reserve held its target range for the federal funds rate at 3.5 to 3.75 percent on Wednesday, a decision markets had fully priced in. Governor Stephen Miran dissented in favor of a cut. Cleveland Fed President Beth Hammack, Minneapolis Fed President Neel Kashkari, and Dallas Fed President Lorie Logan dissented from the easing bias preserved in the statement. The eight-to-four vote marked the most divided Federal Open Market Committee…
The indexes bounce with increases of up to 0.52%, while the Federal Reserve keeps the rates at 3.5%-3.75% with an unpublished 8-4 vote that reopens the debate on the monetary course
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