The Federal Reserve Interest Rate Decision and Policy Statement Receive Most Dissenting Votes Since October 1992

BlockBeats News, April 30th - The Federal Reserve's interest rate decision and policy statement received the most dissents since October 1992.

The Federal Reserve FOMC statement stated that the resolution was passed with an 8-4 vote, with Mester voting against, supporting a 0.25 percentage point rate cut; Harker, Kashkari, and Rosengren dissented, objecting to including language in the statement indicating a dovish monetary policy bias. (FXStreet)