EconomyFederal Reserve policymakers vote 9-3 to hold key rate steady despite high prices
Federal Reserve policymakers voted 9-3 to leave the key interest rate unchanged for now. The decision comes as prices remain high and inflation has stayed above the central bank’s 2% target for more than five years. Policymakers are showing growing impatience with the prolonged inflation. Even so, they chose to keep the rate steady rather than change it at this point.
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Federal Reserve policymakers vote 9-3 to hold key rate steady despite high prices
Economy