Nonilex
2026-04-29T18:51:41Z
federalreserve, interestrate

The #FederalReserve left its benchmark #InterestRate unchanged for the 3rd straight meeting but signaled it could still cut rates in coming months, moves that attracted the most dissents since Oct 1992.

The Fed kept its short-term rate at 3.6% & retained language in its statement suggesting the next move would be a rate reduction. 3 ofcls dissented in favor of removing the reference to a future cut, while a 4th, Stephen Miran, dissented in favor of an immediate rate cut.
apnews.com/article/powell-wars…