00:00The Federal Reserve held interest rates steady, but a rare 8-4 split among policymakers shows a
00:06growing internal disagreement over the path forward. The divided vote reflects tensions
00:11between officials concerned about persistent inflation and others wary of signaling future
00:16rate cuts too soon. Chair Jerome Powell, potentially in his final meeting leading the
00:21central bank, acknowledged inflation remains elevated, driven in part by rising global
00:26energy prices. Markets had widely expected no change, but the level of descent signals
00:31increasing uncertainty about the economic outlook and future policy direction. The decision highlights
00:37a Federal Reserve navigating a complex environment of stubborn inflation, steady labor markets,
00:43and looming leadership transition.
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