US interest rates held for fifth time in a row

The Federal Reserve's decision, which was broadly expected, means rates remain between the 3.5% and 3.75%.

Fed Should've Raised Rates Amid 'Hot' Inflation, Economist Swonk Says

KPMG Chief Economist Diane Swonk says she expects a rate hike in September after the decision by the Federal Reserve's policy-setting Federal Open Market Committee to leave rates unchanged. She speaks on Bloomberg Television's "The Fed Decides." (Source: Bloomberg)

What to watch at the meeting.

Kevin M. Warsh, presiding over his second meeting as chairman of the central bank, faces pressure to raise interest rates as inflation remains elevated.

By Colby Smith

Split Fed decision to hold rates in July

The committee noted elevated inflation and reiterated that it would “deliver price stability”

Fed holds interest rates steady despite Trump’s renewed calls to lower them

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 earlier this month eased expectations for an imminent rate hike. But the tenuous peace deal between the US and Iran have made energy prices creep up again, strengthening the case f...

By Gaya Gupta

US Fed holds interest rates steady citing ‘elevated’ inflation

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

Divided Fed holds interest rates steady, but three members voted to hike

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%.

US Federal Reserve holds interest rates steady despite Warsh’s inflation vow

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 3.75 per cent range drew dissents from three of the 12 members of the policy-setting Federal Open Market Committee who “preferred” a quarter-percentage-point hike at this...

By Reuters

BofA says Fed hike today would be one for the books

US Federal Reserve meet today: Kevin Warsh-led FOMC keeps interest rates unchanged

The US Federal Reserve, which began its two-day policy meeting on Tuesday, was widely expected to leave its benchmark interest rate unchanged.

By TOI BUSINESS DESK

Fed holds interest rates steady amid dissenting voices on inflation concerns; Key details here

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

FOMC sees three dissents in same direction for first time since 2016

Fed holds rates steady as inflation fight remains in focus

The U.S. Federal Reserve left interest rates unchanged on Wednesday, keeping borrowing costs steady while putting renewed focus on Chair Kevin Warsh's pledge to bring inflatio...

TD Warns Dollar Set to Drop as Market Misprices Fed Rate Risk

The US dollar will weaken if the Federal Reserve leaves interest rates unchanged this week, according to TD Securities.

By Anya Andrianova

Fed Holds Rates after “Good Family Fight” with 3 Dissenters, after Enormous Uncertainty in the Markets

Markets were left to their own devices for the first time in a generation after Warsh scuttled forward guidance as part of his Regime Change.

By Wolf Richter