- FOMC left Fed funds rate unchanged at 3.75%-4.00%.
- Decision was not unanimous.
- Fed Governor Cook and Cleveland Fed President Hammack dissented, wanting a 25 bps hike.
The FOMC left rates unchanged, matching expectations. Two officials dissented in favor of a 25-bps hike, adding a hawkish undertone ahead of Chair Warsh's press conference.
One free account opens every story complete, the live board, the 30-day calendar, a watchlist and breaking alerts on your phone. No card. The wire stays free to read.