Fed Holds Benchmark Rate at 3.5–3.75%…FOMC Vote Split 9–3
BRK-B Berkshire Hathaway Inc
$505.54 +0.25%
View chart & analysis → - 1The FOMC voted 9–3 to hold the federal funds rate target range at 3.5–3.75%.
- 2Hammack, Kashkari and Logan favored raising the target range by a quarter percentage point at this meeting.
- 3The statement noted that inflation remains elevated relative to the 2% target and that uncertainty is high due to factors such as the Middle East conflict.
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