🚨 TODAY: The Federal Reserve held interest rates steady at 3.75%–4.00%, citing strong economic activity and still-elevated inflation.
The decision passed 10–2, with Lisa Cook and Beth Hammack voting for a 25-basis-point hike instead.
The Fed said it needs more data to determine the policy stance needed to bring inflation back to its 2% target.
News | Markets
#USMidtermElections
#KOSPIFalls3.53%BackBelow6000
The decision passed 10–2, with Lisa Cook and Beth Hammack voting for a 25-basis-point hike instead.
The Fed said it needs more data to determine the policy stance needed to bring inflation back to its 2% target.
News | Markets
#USMidtermElections
#KOSPIFalls3.53%BackBelow6000
