Federal Reserve leaves interest rates unchanged after 3 straight cuts as 2 officials vote against decision
Yahoo Finance·2026-01-28 22:00
The Federal Reserve voted Wednesday to hold its benchmark interest rate in the range of 3.5% to 3.75%, following three straight rate cuts last fall. Fed Governors Chris Waller and Stephen Miran disagreed with the decision, preferring to cut rates by a quarter percentage point. Before the meeting, Waller — one of President Trump's finalists to be the next Fed chair — cited ongoing concerns about the health of the job market. Central bank officials upgraded their assessment of the economy to “solid” from ...