Economic data
Fed Stands Pat, Bitcoin Holds Steady—But a December Rate Hike Is in Play
The Federal Reserve left rates unchanged Wednesday in a 10-2 vote, with Governor Lisa Cook and Cleveland Fed President Beth Hammack favoring a hike.
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More on Economic data
- Bond investor Jeff Gundlach talks to CNBC about Fed's rate pause, Warsh reducing vote-setting meetingsThe DoubleLine founder spoke with CNBC's "Closing Bell" on Wednesday after the Fed announced its decision to hold interest rates steady.
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- Fed's Warsh Says Monetary 'Medicine' Starting to WorkFederal Reserve Chairman Kevin Warsh says there are no firm conclusions right now about monetary policy during a news conference after the central bank's policy-setting Federal Open Market Committe...
- Fed holds interest rates steady despite surging inflationCommittee voted 10-2 to keep rates at a target range between 3.75 to 4%
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- Federal Reserve keeps interest rates unchanged in final vote before midtermsThe Federal Reserve has voted to keep interest rates unchanged despite rising inflation. NBC News' Brian Chueng reports on the central bank's final rate decision before the midterm elections.