The Federal Reserve left its benchmark interest rate unchanged for a third straight meeting Wednesday but signaled it could still cut rates in the coming months, moves that attracted the most dissents since October 1992.
The Fed kept its short-term rate at 3.6% and retained language in its statement suggesting the next move would be a rate reduction. Three officials dissented in favor of removing the reference to a future cut, while a fourth, Stephen Miran, dissented in favor of an immediate rate cut.
