WS #13027
Fed kept rates at 3.5%-3.75% with a 9-3 vote, three dissenters favoring a hike; 30-year yield spiked to 5.14%, stocks plunged on inflation concerns from Middle East conflict.
Fed Holds Rates Steady
Fed kept rates at 3.5%-3.75% with a 9-3 vote, three dissenters favoring a hike; 30-year yield spiked to 5.14%, stocks plunged on inflation concerns from Middle East conflict.