A divided Fed votes to hold rates steady

The decision against a hike is a win for Trump — but a contrast with Warsh’s hawkish rhetoric.

Federal Reserve officials decided to keep interest rates unchanged, but a fractured vote reveals rising concerns about inflation.

The Federal Reserve has voted to keep interest rates steady at the 3.5% to 3.75% target range despite concerns about inflation and oil prices. The decision was not unanimous. CBS News MoneyWatch correspondent Kelly O'Grady breaks it down.

The Federal Reserve held interest rates steady on Wednesday, a choice that may intensify questions about how US central bank chief Kevin Warsh will deliver on his commitment to bring inflation back down to the 2 per cent target. The widely ‌expected decision to leave the benchmark interest rate in the 3.50 per cent to

The Federal Reserve voted to hold interest rates unchanged in a range of 3.5% to 3.75%, with some officials dissenting in favor of raising rates by a quarter percentage point. The vote was 9-3. Bloomberg's Michael McKee reports. (Source: Bloomberg)

Despite increasing support for a rate increase, the Federal Open Market Committee voted 9-3 to leave the federal funds rate in a range between 3.5% and 3.75%.

The FOMC voted 9-3 to keep the federal funds rate at 3.5%–3.75%, with 3 regional presidents dissenting in favor of a quarter-point increase

The Federal Reserve left its interest rate target unchanged Wednesday amid significant internal dissent from officials who preferred to raise rates. The big picture: The central bank elected not to surprise markets with an interest rate hike, contrary to rampant speculation on Wall Street in recent days. But three memb

Kevin Warsh’s Fed Holds Interest Rates Steady Again—But Dissent Among Officials Mounts  Forbes

Elevated inflation partly reflects supply shocks that that have increased prices, including of energy, the Fed said.

Rates remain unchanged for fifth time since December as tenuous Iran peace deal pushes energy prices up again The US Federal Reserve held interest rates steady on Wednesday, leaving rates unchanged for the fifth time since December despite Donald Trump’s renewed calls to lower rates. Cooler inflation data published ear

The Federal Reserve on Wednesday held its benchmark interest rate steady, in a range of 3.5 percent to 3.75 percent. Nine voting members of the Fed’s monetary policy unit, the Federal Open Market Committee, voted to keep rates unchanged. Three

Warsh, who took over as chairman from Jerome Powell in May, has repeatedly called for a “good family fight” at the Fed – and it looks like he got his wish.

The Federal Reserve voted Wednesday to hold its interest rate target steady following the second meeting under new Fed Chairman Kevin Warsh, although three members of the Fed board dissented, preferring a rate hike. After a two-day meeting in Washington, the Fed’s monetary policy committee announced it would hold its r

The US Federal Reserve is expected to hold rates on Wednesday, although investors were pricing in a 32% chance of an increase on Tuesday night, with analysts describing the decision as the most uncertain in years.

Gold holds steady ahead of Fed's rate decision  Reuters

WASHINGTON: The US Federal Reserve is expected to hold interest rates steady on Wednesday (Jul 29), but with surging inflation fuelled by President Donald Trump's war on Iran, analysts say some policymakers will dissent in favour of a rate hike.After two days of closed-door sessions, the Fed's open market committee (FO

Dollar Could Fall if Fed Holds Rates Steady  WSJ

Currency Markets Key Facts —Mid-market rate. One Peruvian sol bought roughly 0.29 US dollars on Monday, 27 July. —Inverse quote. One US dollar traded between 3.40 and 3.48 Peruvian soles across major platforms. —Provider spread. One provider quoted 0.2937 USD per sol, while another showed 0.2959 USD per sol. —Central b