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taishiro
taishiro
🇺🇸 FOMC UPDATE: FED HOLDS RATES AT 3.75% TO 4.00% The Fed has kept interest rates unchanged, but the decision was not unanimous. Here’s what came out of the meeting: • Rates remain at 3.75% to 4.00% following the previous rate cut. • The decision was 10 to 2, with Cook and Hammack favoring a rate hike. • Economic activity continues to expand at a strong pace. • Inflation remains elevated, leaving the Fed cautious about its next move. #OctFOMCDecisionDueSoon

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