Fed Holds Interest Rates Steady with One Dissenter, Sees Accelerating Inflation
The US Federal Reserve maintained its interest rates in the range of 3.50% to 3.75%, with only one committee member dissenting in favor of a rate cut. Dot Plot projections still point to one rate cut in 2026, while the Fed sees accelerating inflation and GDP growth.
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Fed Holds Rates Steady, Still Projects One Rate Cut in 2026
Federal Reserve officials left interest rates unchanged and continued to expect one rate cut this year as they acknowledged increased uncertainty due to war in the Middle East.
By Maria Eloisa Capurro
Read full article →Fed Holds Rates, now with Only 1 Dissenter, Sees Accelerating Inflation & GDP Growth
Dot Plot projections still point at 1 rate cut in 2026.
By Wolf Richter
Read full article →Coverage Timeline
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