This article was prepared using automated systems that process publicly available information. It may contain inaccuracies or omissions and is provided for informational purposes only. Nothing herein constitutes financial, investment, legal, or tax advice.
The Federal Reserve kept interest rates unchanged but hinted at possible future cuts amid concerns over the US economy. Two officials dissented, advocating for a rate reduction.
- The Fed held rates steady at 4.25%-4.5%, continuing its pause on hikes.
- Two FOMC members dissented, advocating for an immediate rate cut.
- Policymakers expressed concerns about the US economy, hinting at possible future easing.
📎 Related coverage from: bloomberg.com
Related Tags: Bloomberg Federal Reserve