The benchmark Federal Funds Rate, which controls the cost of short-term borrowing like credit cards and auto loans, currently is 3.75% to 4%. The FOMC held the rate steady for most of the year. This ...
WASHINGTON, Dec 1 (Reuters) - The U.S. Federal Reserve, sometimes criticized for being too consensus-driven, may see a run of divided votes on interest rates that could weaken its policy message and ...
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