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

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Fed holds rates steady, nods to stabilization in jobless rate

The Fed Open Market Committee kept federal funds rate at 3.5% to 3.75%

Bloomberg News

Federal Reserve officials left interest rates unchanged and pointed to improvements in the US economy as they signaled a more cautious approach to potential future adjustments. The Federal Open Market Committee voted 10-2 Wednesday to hold the benchmark federal funds rate in a range of 3.5%-3.75%. Governors Christopher Waller and Stephen Miran dissented in favor […]

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