The US Federal Reserve has held its main US interest rate steady at 5.25% for a fourth straight meeting, but it has repeated a warning that risks from inflation remain.
The widely expected decision by the central bank's Federal Open Market Committee keeps the overnight federal funds rate target at the level it hit in June after 17 straight quarter-percentage point increases.
In a statement outlining its decision, the Fed said it continues to focus on inflation risks.
The decision was not unanimous. As he had at the previous three meetings, Richmond Federal Reserve Bank President Jeffrey Lacker dissented, saying he believed higher rates are needed to keep inflation in check.
