The Fed Held Rates Steady. But an Expert Warns Investors May be Underestimating Volatility Ahead.

Source: International Business Times

The FOMC voted 10-2 to maintain rates while Fed Governor Lisa Cook and Cleveland Fed President Beth Hammack dissented. Getty Images The Federal Reserve held interest rates steady Wednesday, leaving its benchmark range at 3. 75% to 4% as policymakers weighed persistent inflation against tightening financial conditions.