The Federal Reserve’s latest rate decision left its benchmark fed funds rate unchanged at 3.50%-3.75% on Wednesday, marking a sixth consecutive pause as inflation stays above target. The vote passed 9-3, the most divided FOMC outcome since September 2016, and triggered a sharp equity selloff even as Bitcoin’s price barely reacted.

Fed Split Reveals Growing Inflation Concerns

The Federal Reserve left interest rates unchanged Wednesday, but the decision revealed unusually sharp divisions among policymakers.