BUSINESS● ELEVATED3d ago · Oct 28, 2026, 6:07 PM
Federal Reserve holds interest rates steady in face of persistent inflation
cbs42 · united states of america · north america
Federal Reserve officials held interest rates steady on 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. Fed Governor Lisa Cook and Beth Hammack, the president of the Federal Reserve Bank of Cleveland, dissented in favor [...]
GlobeAlert aggregates and classifies open sources; the story above belongs to its publisher. Summaries are machine-generated from the source text.
See it on the live mapunited states of america and nearby eventsMore from united states of americaLatest stories and threat level
More in Business
BUSINESSnowMunicipal Securities Underwriters Pay a Total of $325,000 in FinesSECBUSINESSnowSEC CHAIRMAN ARTHUR LEVITT, IOWA OFFICIALS TO HOLD INVESTORS’ TOWN MEETING IN DES MOINESSECBUSINESS45m agoAverage U.S. pump prices during Trump's term now exceed Biden'sSeeking Alpha TechBUSINESS1h agoFAAN’s Vision for the Airport of the Future: Technology, infrastructure and passenger-centric innovationVanguard Nigeria