US Markets
Home›US Markets›Equities›Fed holds interest rates steady in last decision befor…
Fed holds interest rates steady in last decision before midterms
Fed chair Kevin Warsh said politics played no role in pause of interest rate hikes, despite inflation remaining above 3% The US Federal Reserve left interest rates unchanged on Wednesday during its last board meeting before the midterm elections, keeping rates at one of the highest pre-election levels seen in over 20 years. Two out of 12 board members voted against the pause, preferring to raise rates by a quarter point this meeting, the Fed board said in a statement. Continue reading...
← Newer storyBlacksmith Software, Sona Technologies Lease 26K SF at Moinian’s 245…Older story →US Short-End Yields Fall After Warsh Signals Fewer Fed Meetings
More like this
Sources
Guardian BusinessFed holds interest rates steady in last decision before midterms