US central bank keeps interest rates unchanged in final decision before midterm elections
America's central bank has left borrowing costs unchanged in its final decision before the midterm elections, holding rates steady as voters weigh the cost of living.
The United States central bank has kept interest rates unchanged in its last decision before the midterm elections, leaving borrowing costs on hold.
The decision came by a vote of ten to two, with rates held in a range of three point seven five to four percent.
Inflation and the cost of living have been central issues for voters heading into the midterms, putting the bank's decisions under close political attention.
Attention now turns to December, when policymakers will decide whether borrowing costs stay frozen or move again.
Reporting based on coverage from BBC News.