US Fed expected to hold rates steady ahead of key midterm elections

The Federal Open Market Committee is expected to announce its interest rate decision today following a meeting of its 12 voting members. Chairman Kevin Warsh is scheduled to hold a press conference immediately following the announcement.
Why it matters
Federal Reserve interest rate decisions are primary drivers of global financial markets and economic policy.
The Fed will announce the decision of the 12 voting members of the Federal Open Market Committee (FOMC) at 2:00 pm local…
Also covering this story
6 other newsrooms covered this event. We read each version separately.
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