US Fed Meeting LIVE Updates: Federal Reserve holds interest rates steady, as expected

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US Fed Meeting LIVE Updates: The Federal Open Market Committee (FOMC) voted 9-3 to maintain the federal funds rate in the 3.5%-3.75% range. The dissent marked growing support among some policymakers for tighter monetary policy.

 Federal Reserve holds interest rates steady, as expected

US Fed Meeting LIVE Updates: The Federal Reserve on Wednesday (July 29) decided to keep its key interest rate unchanged, though the decision faced dissent from three officials who favoured a rate hike amid concerns over inflation.

The Federal Open Market Committee (FOMC) voted 9-3 to maintain the federal funds rate in the 3.5%-3.75% range. The dissent marked growing support among some policymakers for tighter monetary policy.

Watch this space for all the Live updates.

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