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EconomyFed expected to hold rates steady at final decision before midterms

The Federal Reserve is expected to keep rates unchanged on Wednesday, at its last rate-setting meeting before the midterms. Officials raised rates last month for the first time since 2023, citing inflation, which reached 3.7% in September. The cost of living is expected to be a major election issue.

Federal Reserveinterest ratesinflationUS midterms

TThe Guardian★★★☆☆2026-10-28 10:00Original

Fed expected to hold rates steady at final decision before midterms
Fed expected to hold rates steady at final decision before midtermsEconomy