There are currently 4 votes against the interest rate hike! Before leaving, Powell said these words to Wash.

Early on Thursday morning Beijing time, the Federal Reserve announced its interest rate decision for April. The Federal Open Market Committee (FOMC) decided in an 8-4 vote to maintain the interest rate range at 3.50%-3.75%. Federal Reserve Governor Milan proposed a 25 basis point rate cut, with three other members supporting keeping rates unchanged but not agreeing to include a dovish policy tilt in the statement.