The US Federal Reserve has maintained interest rates, a decision that comes amid reports of a 'family fight' among officials regarding the best strategy to tackle inflation. This marks the second rates meeting presided over by new Fed chief Kevin Warsh, who assumed the role in May after his appointment by President Trump.
US Federal Reserve holds rates amid 'family fight' over inflation
UKPulse Money DeskThe US Federal Reserve has kept interest rates on hold, with officials reportedly split on how to address inflation.
- The US Federal Reserve has left interest rates on hold.
- Officials are reportedly divided on the approach to tackling inflation.
- This was the second rates meeting under new Fed chief Kevin Warsh, who took over in May.