The Fed's board split again today on interest rates, but this time less divisively than in December, and in favor of maintaining the status quo. For the first time in three months, the Fed kept interest rates steady, and signaled that there may not be further reductions in the near future:AdvertisementThe Federal Reserve entered a new holding pattern on interest rates Wednesday and signaled little urgency to resume cuts after contentious reductions at officials’ three previous meetings. The decision to hold the benchmark federal-funds rate steady in a range between 3.5% and 3.75% was approved on a 10-2 vote. Trump wants lower interest rates to incentivize more investment in growth-producing activities, particularly in manufacturing. We'll see the Q4 report at the end of next month, which may take a small hit from the Schumer Shutdown, but which should build on Q3's 4.4% annualized growth rate.