The states making extra off of high gas prices

The Federal Reserve left interest rates unchanged at the conclusion of its two-day meeting on Wednesday, but the decision was far from unanimous. Three of the 12 voting members dissented in favor of a rate hike — the first time since 2016 that the committee has seen that kind of split, all in one direction. Fed Chairman Kevin Warsh framed the dissent as a feature, not a bug. "I asked for a good family fight and I got one," he said at his press conference. The dissenting members believe the Fed should fight inflation more aggressively, but Warsh noted that market interest rates have already risen on their own over the past 42 days, effectively doing some of the Fed's work. "We're trying not to interfere with that market signal," he said. The central bank's rationale for holding steady: inflation is still too high, but the job market is okay, and there is plenty of uncertainty. "The path to central bank haven requires delivering on our remit," Warsh said. "I wouldn't measure that path in 42 days or any one particular meeting."

Oil states get a temporary budget boost