Wall Street closes down sharply after Fed keeps rates unchanged
- The Fed’s widely expected decision to leave the benchmark interest rate in the 3.50%-3.75% range drew dissents from three of the 12 members of the policy-setting Federal Open Market Committee who “preferred” a quarter-percentage-point hike at this meeting.
- The benchmark S&P 500 hit its lowest level in a month, while
Unverified
- The Fed’s widely expected decision to leave the benchmark interest rate in the 3.50%-3.75% range drew dissents from three of the 12 members of the policy-setting Federal Open Market Committee who “preferred” a quarter-percentage-point hike at this meeting.
- The benchmark S&P 500 hit its lowest level in a month, while
Sources: NBC News