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Fed holds rates at 3.75%–4% as two policymakers vote for a rise

Governor Lisa Cook and Cleveland Fed President Beth Hammack wanted a quarter-point increase on 28 October. Figures published the next day showed the economy grew at a 3.4% annual rate in the third quarter.

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    Fed holds rates at 3.75%–4% as two policymakers vote for a rise

    Governor Lisa Cook and Cleveland Fed President Beth Hammack wanted a quarter-point increase on 28 October. Figures published the next day showed the economy grew at a 3.4% annual rate in the third quarter.