The central bank voted in a split decision to hold its benchmark interest rate in the range of 3.5% to 3.75%. Fed Governors Chris Waller and Stephen Miran disagreed with the decision, preferring to cut rates by a quarter percentage point.
The central bank voted in a split decision to hold its benchmark interest rate in the range of 3.5% to 3.75%. Fed Governors Chris Waller and Stephen Miran disagreed with the decision, preferring to cut rates by a quarter percentage point.
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