The Federal Reserve has kept interest rates unchanged for the third consecutive time, with the FOMC seeing a rare 8-4 split in the vote.

BlockBeats News, April 30th - The Federal Reserve kept the federal funds target rate range unchanged at 3.50%-3.75% for the third consecutive meeting, in line with market expectations. However, this FOMC meeting saw a clear division in the voting results, with a 8:4 resolution.

Among them, Federal Reserve Governor Stephen Miran cast a descenting vote, advocating for an immediate 25 basis point rate cut; Hamack, Cashkali, and Logan dissented against adding any dovish content to the statement.

The statement noted that the U.S. economy continues to expand at a "moderate pace," but overall job growth remains weak, inflation remains high, partially driven by the global energy price surge. The Fed also emphasized that the escalating situation in the Middle East is intensifying economic uncertainty.

It is worth noting that the Fed retained the wording regarding the "magnitude and timing of further adjustments to interest rates," and did not completely remove the "further adjustments" language, indicating a significant widening of divergences within the committee on the future policy path.

The market believes that this rare 8:4 split vote highlights an emerging "rate-cut faction" vs. "inflation-hawk faction" within the Fed, further escalating uncertainty about future policies.