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Fed Holds Rates but 2 Officials Want a Hike: Is December Next?

By Lockridge Okoth

The Fed held rates at 3.75%-4% in a 10-2 vote as Cook and Hammack pushed for a hike. Here is what traders expect next. The post Fed Holds Rates but 2 Officials Want a Hike: Is December Next? appeared first on BeInCrypto.

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Federal Reserve

The central bank of the United States, which sets US interest rates and supervises banks.

Because the dollar is used worldwide, its rate decisions affect borrowing costs and markets in many other countries.

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