With Two Dissenters, Fed Keeps Interest Rates Steady in First Meeting of 2026

With two dissenters, Fed keeps interest rates steady in first meeting of 2026

Two governors on the board, Stephen Miran and Christopher Waller, voted against keeping the rates steady, instead suggesting lowering rates by 0.25%.

US Fed leaves rates unchanged: How can the Indian stock market react?

Kolkata: In line with market expectations, the US Federal Reserve has kept interest rates unaltered in the first meeting of the FOMC (Federal Open Market Committee) in 2026. The rates are between 3.5% and 3.75% though the decision was not unanimous with two members on the committee voting in favour of shaving 25 basis points. Significantly, chairman Jerome Powell, who has faced severe criticism and opposition from US president Donald Trump for n…

US Fed leaves rates unchanged amid 'solid economy'

The US Federal Reserve held interest rates steady on Wednesday amid what US central bank chief Jerome Powell described as a solid economy and diminished risks to both inflation and employment – an outlook that could signal a lengthy wait before any further reductions in borrowing costs. "The economy has once again surprised us with its strength," Powell said at a press conference after Fed policymakers voted 10-2 to hold the central bank's bench…