The Federal Reserve's latest moves have reinforced expectations that borrowing costs may remain stable throughout the second half of 2026, though a sharp divide among policymakers highlights the ongoing uncertainty surrounding inflation and the future path of monetary policy, pundits say.
The US central bank left its benchmark interest rate unchanged at 3.50-3.75% following its meeting this week, yet almost half of its policymakers said they could support a rate hike later this year.
