Fed leaves interest rates unchanged
The Federal Reserve voted 9-2 on Wednesday to keep interest rates steady at 4.25%–4.5%, despite pressure from President Trump and dissent from two governors. This marks the first time since 1993 that multiple Fed governors opposed a rate decision. While inflation remains elevated and the labor market strong, the Fed noted slower economic growth and heightened uncertainty, CNBC has reported. The dissenting officials argued for … Continue reading Fed leaves interest rates unchanged
