Federal Reserve Left Interest Rates Unchanged Bloomberg wrote: The Federal Reserve left interest rates unchanged in a range of 3.75% to 4.00%, maintaining its current policy position by 10 votes to 2. Federal Reserve Governor Lisa Cook and Cleveland Federal Reserve President Beth Hammock opposed the 25 basis point interest rate hike. The Federal Reserve described economic growth as robust, supported by strong investment, rising productivity and resilient consumer spending. However, inflation remains high and policymakers have emphasized that more economic data will help determine the appropriate course for interest rates.