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Politics9:53 AM ET

Federal Reserve Drops Final Interest Rate Decision Before Midterms

The Federal Reserve voted Wednesday to keep interest rates steady just six days before the midterm elections. The central bank voted 10-2 to keep its target range for the federal funds rate at 3.75%-4.0%, in line with market expectations. T

Republican Ledger staff · 9:53 AM ET

Federal Reserve Drops Final Interest Rate Decision Before Midterms
The Republican Ledger

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The Federal Reserve voted Wednesday to keep interest rates steady just six days before the midterm elections. The central bank voted 10-2 to keep its target range for the federal funds rate at 3.75%-4.0%, in line with market expectations.

The two dissenting votes were from Cleveland Fed President Beth Hammack and Fed Governor Lisa Cook, ...

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