The U.S. Federal Reserve held its key interest rate steady on Wednesday. Rates will remain at 3.75% to 4% even as inflation continues to rise. Fed official Warsh said inflation was “too high.”
WHO:The U.S. Federal Reserve; Warsh
WHAT:The Federal Reserve held its key interest rate steady, and Warsh said inflation was too high.
WHEN:Oct 28, 2026
WHERE:Washington, USA
WHY:The Fed left rates unchanged despite rising inflation; no further reason for the decision was reported.
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