Fed meeting news: US Fed Rate Cut Highlights

US Fed Rate Cut Highlights: Policymakers voted 10-2 in favor of lowering the bank's key lending rate to between 3.75 percent and 4.00 percent, the Fed said in a statement Welcome to the coverage of US Federal Reserve ’s highly anticipated July FOMC meeting . Fed , on Wednesday night, announced its decision to keep interest rates steady at 4.25% to 4.50% — which is ... US Fed Meeting Latest News Today (June 18): The U.S. Federal Reserve 's Federal Open Market Committee (FOMC) decided to keep interest rates steady in the range of 4.25% to 4.5% following its June ... The Federal Reserve cut interest rates by a quarter point, its third reduction this year, but suggested only two more reductions next year as inflation lingers.