Fed keeps interest rates unchanged
The US Federal Reserve kept its benchmark interest rate unchanged at a target range of 3.75% to 4% following its October policy meeting, as policymakers assess inflationary pressures from rising energy costs.
October 28, 2026 (MLN): The US Federal Reserve kept its benchmark interest rate unchanged at a target range of 3.75% to 4% following its October policy meeting, as policymakers assess inflationary pressures from rising energy costs. Higher energy prices linked to the war with Iran could sustain inflation and complicate the central bank’s efforts to bring inflation down to its 2% target. The decision provides policym...