The Federal Reserve left its key interest rate unchanged at 4.25% to 4.5% and offered no clues on whether it will resume its rate cuts in September.

The central bank kept its target rate at a range of 4.25% to 4.50%, but two policymakers disagreed with the decision.

Even though the Federal Reserve chairman said the labor market was very strong and the economy is in relatively good shape, the U.S. banking system said Wednesday it would not lower interest rates.

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