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Fed holds interest rates steady even as inflation remains stubborn

Published October 28, 2026 2:04 pm • Updated October 28, 2026 2:04 pm •
Fed holds interest rates steady even as inflation remains stubborn
Photo via NPR News

The Federal Reserve opted to leave its benchmark interest rate unchanged — but investors widely expect the central bank to raise rates at its next meeting in December to combat stubborn inflation.

The Federal Reserve opted to leave its benchmark interest rate unchanged — but investors widely expect the central bank to raise rates at its next meeting in December to combat stubborn inflation.

Source: NPR News — Original report ↗

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Original source: NPR News ↗