According to BlockBeats, on April 30, the Federal Reserve held the federal funds rate target range at 3.50%-3.75% unchanged for the third consecutive meeting, with a rare 8-4 split vote. Fed Governor Stephen Miran voted against, advocating for an immediate 25 basis point rate cut, while governors Hammack, Kashkari, and Logan opposed adding dovish language to the statement. The split vote signals deepening internal divisions between rate-cut and inflation-fighting factions within the FOMC.
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