Federal Reserve’s rate gamble has 7 officials worried

Federal Reserve’s rate gamble has 7 officials worried

For the second consecutive meeting, the Federal Reserve opted to leave interest rates unchanged, keeping its benchmark federal funds rate in a range between 3.5% and 3.75%. The decision, announced Wednesday, came alongside a fresh set of economic projections that offer a complicated picture: most officials believe at least one rate cut is still warranted this year, yet the path to getting there has grown considerably murkier.

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