America’s central bank, the US Federal Reserve, left interest rates on hold yesterday as officials split over how to tackle inflation. It was the second rates meeting under chief Kevin Warsh, who took over in May after being appointed by US President Donald Trump. Officials voted 9-3 to hold rates in the 3.5 to 3.75 per cent range. Rates freeze: Officials voted by 9-3 to hold rates in the 3.5-3.75% range in the second rates meeting under new Federal Reserve chief Kevin Warsh, who took over in May‘This Fed will not waver,’ Warsh said. We will deliver the 2 per cent inflation target.’