The Federal Reserve held interest rates at 3.5%-3.75% for the fifth straight meeting, with three dissenters pushing for a hike as inflation stays

The US Federal Reserve left interest rates unchanged on Wednesday in a range of 3.5% to 3.75%, the fifth consecutive meeting without a move, in a decision that exposed an unusual…

The Federal Reserve on Wednesday held interest rates steady as policymakers continued to navigate an increasingly uncertain inflation picture.

Investors had largely expected that the Fed would hold interest rates steady, given ongoing concerns with high inflation.