Fed Keeps Rates Steady, Three Members Push Hike

The U.S. Federal Reserve decided to keep its main interest rate the same, between 3.5% and 3.75%.

Most of the 12 people who decide on rates agreed, but three of them wanted to raise it by 0.25%.

This is the first time in many years that three members disagreed.

The Fed’s boss, Kevin Warsh, said keeping inflation under control is still the top goal.

Because of this split, people are watching closely to see if the Fed might raise rates again in September.