Warsh says politics played no role in Fed's rate decision by group he is 'honored' to lead

Welcome to 's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Fed holds rate steady ahead of midterms Federal Reserve officials held interest rates steady …

Two of the 12 Federal Open Market Committee voters dissented from the decision. Both wanted to raise rates by a quarter percentage point.

Federal Reserve Gov. Lisa Cook and Cleveland Fed President Beth Hammack broke with their colleagues Wednesday, voting to raise interest rates as the central bank opted to […]

Fed holds interest rates steady before midterms amid inflation concerns and mixed opinions.

State of the Union: The decision, which was widely expected, follows a rate hike last month. The post Fed Keeps Rates Steady Despite 'Elevated' Inflation appeared first on .

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The Federal Reserve opted to leave its benchmark interest rate unchanged — but investors widely expect the central bank to raise rates at its next meeting in December to combat stubborn inflation.