01Living brief
v2Federal Reserve holds rates steady as three policymakers seek increase
- The Federal Reserve kept its target interest-rate range at 3.50%-3.75% for a fifth consecutive meeting.
- Beth Hammack, Neel Kashkari and Lorie Logan dissented, favoring a quarter-percentage-point increase.
- The Fed said inflation remained elevated, while Chair Kevin Warsh described economic growth and employment conditions as solid.