Reported by The Hill •
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Federal Reserve maintains interest rates amid ongoing inflation

The Federal Reserve's Federal Open Market Committee decided to keep interest rates unchanged at 3.75 percent to 4 percent on October 28, 2026. This decision comes despite ongoing inflation concerns. Two members of the committee dissented from the majority vote.

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Lisa Cook Beth Hammack

Our neutral summary

The Federal Reserve's Federal Open Market Committee decided to keep interest rates unchanged at 3.75 percent to 4 percent on October 28, 2026. This decision comes despite ongoing inflation concerns. Two members of the committee dissented from the majority vote.

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Original Headline

Federal Reserve holds interest rates steady in face of persistent inflation

Neutral Headline

Federal Reserve maintains interest rates amid ongoing inflation