The Federal Open Market Committee is expected to leave interest rates unchanged at its latest decision, scheduled for Wednesday. Markets expect the Fed to hold rates steady, while officials believe there is time to address inflation and may avoid a move so close to the midterm elections.
WHO:The Federal Open Market Committee
WHAT:is expected to leave interest rates unchanged at its latest decision
WHEN:Oct 28, 2026
WHERE:USA
WHY:Officials believe there is time to tackle inflation and may avoid changing rates so close to the midterm elections.
How this story developed (showing 2 of 2 earlier reports)