Fed Holds Rates Steady Amid Dissenting Votes in Meeting

Imagine a big bank that decides how much it costs to borrow money.

This week, the bank said it would keep the cost the same, not making it cheaper or more expensive.

Some people on the bank’s team wanted to raise the cost a little, but most said keep it steady.

The bank said it still wants prices to stay stable, like keeping the price of a candy bar at the same level.

It also said that the economy is doing okay, even though some prices are still a bit high because of things like energy costs.

The bank’s boss, Kevin Warsh, said it will listen to the market and act if needed.

He also said it will stop giving predictions about the future.

The bank has groups of experts looking at how to improve its plans.

They will share their ideas before a big meeting in Jackson Hole.