Fed Holds Rates at 3.75%-4%, Two Dissenters
The Federal Open Market Committee voted 10-2 to leave the benchmark federal funds rate unchanged in the 3.75%-4% range, with Governor Lisa Cook and Cleveland Fed President Beth Hammack dissenting.
Original · Bloomberg AI summary of public reporting
Why: Fed holds rates steady → supports risk assets
Recent signals
No matching events
Prices since publication
At publication → CurrentSP5007,725 → 7,731+0.1%
para:10Y— → ——
para:2Y— → ——
TLT81.13 → 80.80−0.4%