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Central-bank research: FedClear bank selection

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Fed holds at 3.75–4.00% Warsh keeps December open, dollar slips

The Fed held interest rates at 3.75–4.00%, as expected. The vote was 10–2, with Lisa Cook and Beth Hammack both favouring another quarter-point hike. That keeps pressure for further tightening alive. It does not settle December.

USDFed Policy Review3 min read

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