Federal Reserve holds interest rates steady in face of persistent inflation

The Hill - Oct 28, 2026

Federal Reserve officials held interest rates steady Wednesday despite stubborn inflation. The central bank's Federal Open Market Committee (FOMC) voted 10-2 to keep the benchmark federal funds rate range at 3.75 percent to 4 percent. "The committee believes that the accumulation of more information will help it determine the policy stance appropriate to ensure a...

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Federal Reserve holds interest rates steady in face of persistent inflation

More News

In Moving Gradually, Fed Risks Having to Play Catch-Up to Quell Inflation

Fed Holds Rates Steady Despite Lack of Progress on Inflation

Fed Holds Rates Steady Despite Lack of Progress on Inflation

Fed Will Hold Fewer Rate-Setting Meetings Starting Next Year

Trump’s Push to Fire Fed Governor Lisa Cook Looms Over Warsh

Treasury sanctions North Koreans, Russians for alleged IT fraud

Treasury sanctions North Koreans, Russians for alleged IT fraud

Bond yields rise slightly ahead of Fed rates decision

Kalshi defends Platinum program against scrutiny from Democrats

Kalshi defends Platinum program against scrutiny from Democrats

KISS's Gene Simmons on AI in music industry: 'Learn how to use it, otherwise it will use you'

Live updates: Trump, Obama campaign in midterm sprint; Murkowski backs Dem in Alaska governor's race

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