The Federal Reserve announced to keep the benchmark interest rate unchanged. Directors Bowman and Waller cast dissenting votes.

According to the Securities Times app, under strong pressure from President Trump, the Federal Reserve decided to keep the benchmark interest rate unchanged on Wednesday, but there was clear internal disagreement, with two senior officials voting against and calling for an early rate cut. This is the first time since 1993 that multiple Fed board members have expressed dissent in interest rate decisions.