Fed governors Michelle Bowman and Christopher Waller, who have signaled support for easing interest rates in recent weeks, voted against holding interest rates at their current level, marking the first double dissent by Fed board members since 1993.

The Federal Reserve is leaving its key short-term interest rate unchanged for the fifth time this year, brushing off repeated calls from President Donald Trump for a cut

President Trump once again criticized Fed Chair Jerome Powell on a day when the central bank kept rates steady, but said 'I hear' the Fed will cut rates in September.