Economic data

Hold the rate. The Fed can't pump oil.

The Hill30 October 2026, 17:00 UTC

The Federal Reserve opted to maintain interest rates between 3.75 percent and 4 percent during its recent meeting, a decision supported by analysis suggesting that recent inflation was primarily driven by energy costs rather than widespread economic pressure.

Read the full story at The Hill Open in the live monitor

Related discussion groups

No group discusses this yet. Start a discussion group and attach this story.

More on Economic data

U.S. blockade, sanctions crippling Iran's economy, Treasury report saysAxios30 October 2026, 18:51 UTCIranEconomic dataThe U.S. naval blockade, sweeping economic sanctions and obstruction of overland export routes have crippled Iran's economy and intensified pressure on the regime, according to a new Treasury Depar...
Democrat Peter Crosby Looks to Flip Utah's 2nd DistrictBloomberg Politics30 October 2026, 18:47 UTCIranEconomic dataPeter Crosby, Democratic candidate for Utah's 2nd Congressional District, said Congress can vote to reassert its power over tariffs and vote against the war in Iran, which would ease the affordabil...
Oil prices set for fourth straight monthly gains as tanker attack highlights supply risksCNA30 October 2026, 18:43 UTCUnited States of AmericaEconomic data"Traders will remain focused on oil flows out of the Middle East and the likely escalation by US and allied forces," said Dennis Kissler, senior vice president of trading at BOK Financial.
People Don't Know Their Retirement Number: ConrathBloomberg Markets30 October 2026, 18:41 UTCUnited States of AmericaEconomic dataMichael Conrath, chief retirement strategist at JPMorgan Asset Management, joins Scarlet Fu and Tom Keene on "Bloomberg Money." They discuss how inflation is causing Americans to rethink their reti...
Who will come to France's rescue in the event of a debt crisis?Le Monde30 October 2026, 18:32 UTCFranceEconomic dataAs French government bond yields surpassed 5% for the first time since 2002, the specter of a true budget crisis is drawing closer. The main firewall remains the European Central Bank, while an int...
'Ugly' Midterms, Anger Will Decide Elections: TreyzBloomberg Politics30 October 2026, 18:31 UTCUnited States of AmericaEconomic dataHenrietta Treyz, co-founder and economic policy research director at Veda Partners, joins Scarlet Fu and Tom Keene on "Bloomberg Money." With Election day on Tuesday, US voters head to the polls an...