- The Federal Open Market Committee decided to keep the target range of the federal funds rate at 3.5%-3.75%.
- Two FOMC members voted for further cuts.
Texas Relevance
The article does not mention Texas, TCUD, or any Texas-specific entities and is focused on a national monetary policy decision.
Original Content
The Federal Open Market Committee voted to maintain the target range of the federal funds rate at 3.5%-3.75%. Two FOMC members voted against the action, instead seeking further cuts. The post FOMC holds rates steady at January meeting appeared first on ABA Banking Journal .