One Monetary Policymaker Wants Negative Rates in the U.S.

The Federal Reserve elected to keep interest rates on hold following its September meeting, citing developments in the global economy and financial markets that will exert downward pressure on inflation in the near term.

Along with the statement, the central bank also released a set of projections—known as the "dot plot"—from members of the Federal Open Market Committee, which include forecasts of where each policymaker thinks the Fed should have its policy rate at the end of a given period.