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Federal Reserve Holds Interest Rates Steady at 3.75 to 4 Percent Amid Solid Economic Growth and Persistent Inflation

Thursday, October 29, 2026 | 00:10

WASHINGTON — The Federal Reserve opted to hold its benchmark interest rate steady on Wednesday, navigating a resilient domestic economy alongside continued caution regarding elevated price pressures. In a decision announced following the conclusion of the Federal Open Market Committee’s scheduled meeting, central bank officials voted to maintain the target range for the federal funds […]