Business

Fed Likely to Hold Rates Steady Ahead of Midterms

Updated 2026-10-28 10:20 UTC 1 source Neutral

Federal Reserve officials are expected to hold interest rates steady ahead of the midterm elections, despite persistent inflation. The decision could impact economic policies and voter sentiment.

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The Hill
Federal Reserve officials will decide whether to raise interest rates again on Wednesday, as persistent inflation strains Americans ahead of the midterm elections. Annual inflation was 3.7 percent in September, according to the consumer price index (CPI). That marked an increase from 3.4 percent in
2026-10-28 10:00 UTC
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