Fed Keeps Rate Unchanged for Fifth Straight Meeting, but Three Members Wanted a Hike

The Federal Reserve held its key interest rate at 3.50%-3.75% for the fifth straight meeting on Wednesday, as widely expected. There were three dissents, all of whom preferred a 25-basis-point hike, the first time since 2016 that many FOMC members voted in

The Federal Reserve held its key interest rate at 3.50%-3.75% for the fifth straight meeting on Wednesday, as widely expected.

There were three dissents, all of whom preferred a 25-basis-point hike, the first time since 2016 that many FOMC members voted in

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