Fed leaves rates unchanged at 3.75%-4%, two officials dissent for a hike

The Federal Reserve left its benchmark rate unchanged at 3.75%-4% at its October meeting, voting 10-2 with Governor Lisa Cook and Cleveland Fed President Beth Hammack dissenting for a quarter-point hike. The Fed upgraded its growth assessment from 'solid' to 'strong' and said more information will guide policy to return inflation to its 2% goal.

Detected & updated continuously · Source: Nebula