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Wednesday, October 28, 2026
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Federal Reserve holds interest rates steady in face of persistent inflation

By Max Rego The Hill
Federal Reserve holds interest rates steady in face of persistent inflation

Feed excerpt — reported by The Hill

Federal Reserve officials held interest rates steady on 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 Governor Lisa Cook and Beth Hammack, the president of the Federal Reserve Bank of Cleveland, dissented in favor…

MAP records observable characteristics of the original article (publisher, author, date, references, framing cues). MAP does not verify the article’s claims or score it. Read the full original story at The Hill →

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This article was syndicated from The Hill. All rights remain with the original publisher.

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