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FOMC Holds Rates in 8-4 Vote as Four Governors Dissent

2026-05-01 04:09:38

The FOMC held interest rates steady in an 8-4 vote. Governor Milan dissented in favor of a 0.25 percentage point rate cut. Governors Hamack, Kashkari, and Logan dissented over policy statement language that indicated a bias toward monetary easing.

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