BUSINESS● ELEVATED3h ago · Oct 28, 2026, 6:05 PM
Federal Reserve holds interest rates steady in face of persistent inflation
The Hill · north america
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. Fed board of governors member Lisa Cook and Federal Reserve Bank of Cleveland’s president Beth Hammack dissented in favor of…
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