The Federal Open Market Committee said members approved the latest rate decision by a 9-3 vote, according to a statement cited by BlockBeats on July 30. That marked a split from the previous meeting, when the decision passed 12-0. The statement also said the Federal Reserve left its benchmark rate unchanged at 3.50%-3.75%. It was the fifth straight meeting in which the central bank did not change rates. The update was attributed to Jin10 in BlockBeats’ brief report.
The Federal Open Market Committee approved its latest rate decision by a 9-3 vote, according to a statement cited by BlockBeats on July 30. At the previous meeting, the vote was 12-0.
The statement said the Federal Reserve kept its benchmark interest rate unchanged at 3.50%-3.75%. That was the fifth consecutive meeting with no rate change.
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