#FOMC

The Marriner S. Eccles Building, the Federal Reserve's headquarters in Washington, D.C., in 2011.

Monetary policy

The Fed holds its rate at 3.75%-4% in a 10-2 vote, and both dissenters wanted an increase

John C. Williams, president of the Federal Reserve Bank of New York, in an official portrait taken in 2018.

Monetary policy

The Fed's Williams sees one more hike this year, but "no need for urgency" after September's increase

Federal Reserve Chair Kevin Warsh in his official portrait

Federal Reserve

Fed raises interest rates for the first time since 2023