Economic data
Federal Reserve leaves interest rates unchanged despite rising inflation
The Federal Reserve kept interest rates unchanged in its final major decision before the midterm elections.
Related discussion groups
No group discusses this yet. Start a discussion group and attach this story.
More on Economic data
- US Fed Chair Warsh warns inflation remains too high as energy prices climbFed to revamp meeting schedule starting in fall 2027, dedicating sessions exclusively to broad monetary strategy without rate votes
- Fed holds rates days before US midterms as two officials push for another hikeThe Federal Reserve kept interest rates unchanged on Wednesday, six days before the midterms, but two officials, including Governor Lisa Cook, whom US President Donald Trump is trying to fire, vote...
- Australian Dollar rises as Fed holds rates steadyThe Australian Dollar (AUD) rises sharply against the US Dollar (USD) after the Federal Reserve (Fed) held rates steady, despite US inflation staying well above its 2% target. The decision was not...
- US goods trade deficit widens 2.1% in September to highest since March 2025Trade gap climbs to $135B, exceeding market expectations of $130B as imports outpace exports
- US Fed holds interest rates steady despite surging inflationThe US Federal Reserve on Wednesday held interest rates steady, in line with market expectations, days ahead of crucial midterm elections where surging inflation has been a key issue. The 12-member...
- (LEAD) Fed holds key interest rate steady after last month's quarter-point hikeWASHINGTON, Oct. 28 (Yonhap) -- The U.S. Federal Reserve on Wednesday held its b...