Fed Leaves Rates Unchanged, Two Members Dissent

No rate moves to distance as anticipated and no future guidance. The benchmark rate remains in a range of four and a quarter to four and a half percent. Even though policymakers say that economic growth moderated in the first half of the year as, quote, swings in net exports continue to affect the data.Uncertainty about the economic outlook remains elevated, their statement says. They dropped the suggestion in the last statement that it had diminished, but there are no hints about future moves. September is ...