Three Key Takeaways From Fed’s Decision to Hold Rates Steady - WSJ

Three Key Takeaways From Fed’s Decision to Hold Rates Steady  WSJ

Kevin M. Warsh’s second meeting as chairman of the Federal Reserve was colored by internal divisions over the path forward for policy.

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

VIEW Fed holds rates steady as three policymakers dissent for a hike  Reuters

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)

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

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 Fed's benchmark affects many of the interest rates consumers see every day, including those tied to mortgages, credit cards, car loans and savings accounts.