Federal Reserve announces emergency meeting on auto lending regulations • Click for details

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Divided Fed officials hold rates; Powell to stay as governor

The benchmark rate sat in a range of 3.5% to 3.75%

Bloomberg News

Federal Reserve officials left interest rates unchanged, but revealed a deepening division over the outlook for policy amid increased uncertainty caused by the conflict in the Middle East. Four officials voted against the decision, including three who objected to language in their post-meeting statement that suggested the central bank would eventually resume cutting rates. In […]

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