Fed Holds Rates as Two Officials Favor a Hike
Edited by Steinar Vigdel Kolnes, Editor, Oslo
The Federal Reserve kept interest rates unchanged Wednesday in a 10-2 decision, with two officials voting for an increase.
The Federal Reserve voted 10-2 on Wednesday to maintain its current interest rates.
Governor Lisa Cook and Cleveland Fed President Beth Hammack dissented, preferring to raise rates rather than leave them unchanged.
Decrypt reported that Bitcoin remained steady following the decision and that a December rate increase was still a possibility.
Source: Decrypt
