Divided Fed holds interest rates steady, but three members voted to hike
Despite increasing support for a rate increase, the Federal Open Market Committee voted 9-3 to leave the federal funds rate in a range between 3.5% and 3.75%.
Despite increasing support for a rate increase, the Federal Open Market Committee voted 9-3 to leave the federal funds rate in a range between 3.5% and 3.75%. This story matters for Finance & Markets readers tracking fund. Reported by cnbc.com. Read the full original at the source link below.
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