Business & Economy · 20 views
Fed meeting live updates: Potential drama ahead if Powell hints he will hang around
The Federal Reserve is widely expected to keep its key interest rate at the target range of 3.5% to 3.75%.
Summary
This is CNBC's live blog covering the Federal Open Market Committee meeting and Chair Jerome Powell's press conference. Federal Reserve policymakers made their latest decision on interest rates, opting to keep the benchmark at a range of 3.5% to 3.75%. It's likely the last call under Jerome Powell 's leadership. The decision came with some fireworks among Fed officials, with four dissenting votes — a first since 1992.
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