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Federal Reserve Keeps Rates Unchanged05:26
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The Federal Reserve building on Jan. 22, 2008 in Washington, D.C. (Chip Somodevilla/Getty Images)
The Federal Reserve building on Jan. 22, 2008 in Washington, D.C. (Chip Somodevilla/Getty Images)
This article is more than 4 years old.

The Federal Reserve held off on a rate hike, but three officials opposed the decision — the most dissents since December 2014.

Fed officials concluded that economic growth is improving after an anemic first half of the year, job gains are approaching an apex and inflation remains low. But in a statement after their Wednesday meeting, the majority of Fed officials chose "to wait for further evidence of continued progress."

Here & Now's Jeremy Hobson discusses the decision with economist and Hamilton College professor Ann Owen.

Guest

Ann Owen, professor of economics at Hamilton College and former economist for the U.S. Federal Reserve's board of governors.

This segment aired on September 21, 2016.

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