The Federal Reserve held interest rates at 3.75%–4% in a 10–2 vote, citing resilient economic activity and persistent inflation. Chair Kevin Warsh said policymakers remain focused on returning inflation to the 2% target and are prepared to act as conditions require.
The Federal Reserve held interest rates at 3.75%–4% in a 10–2 vote, citing resilient economic activity and persistent inflation. Chair Kevin Warsh said policymakers remain focused on returning inflation to the 2% target and are prepared to act as conditions require.
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