Fed holds rates and maintains asset purchases in first vote since membership shake-up

Kansas City Fed president Esther George

Kansas City Fed president Esther George was the only dissenter as the Federal Reserve maintained its asset purchase programme at its existing level and held rates on January 30.

The Federal Open Market Committee's (FOMC's) meeting was the first since its membership rotated at the turn of the year. The presidents of the Federal Reserve banks of Boston, Chicago, Kansas City and St. Louis are now full voting members.

Notably, Richmond Fed president Jeffrey Lacker will no longer hold a vote, but the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: