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  • US Federal Reserve Holds Interest Rates Steady at 3.75%–4% Ahead of Midterms

    US Federal Reserve Holds Interest Rates Steady at 3.75%–4% Ahead of Midterms

    The US Federal Reserve kept its benchmark interest rate unchanged on Wednesday, 28 October 2026, holding the federal funds range at 3.75% to 4% as policymakers weighed elevated inflation against strong economic growth. The Federal Open Market Committee approved the decision in a 10-2 vote. Governors Lisa Cook and Cleveland Fed President Beth Hammack dissented,…

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