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Four members dissent in Fed vote on interest rates
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Banking, Financial Stability
Wednesday, April 29, 2026
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While many expected the Federal Open Market Committee to vote to keep the federal funds target range unchanged at 3-1/2 to 3-3/4 percent for the third consecutive time, far fewer predicted the April 28-29 meeting to result in the most significant split among the committee’s members in more than 30 years.
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