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DevelopingEconomy

Federal Reserve holds rates after September hike

The Fed left rates at 3.75-4% on October 28, with two members dissenting in favour of an immediate hike. Chair Kevin Warsh gave no clear signal on December, and investors expect a hike then.

Developments
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Followed since
28 Oct
The latest development

BloombergWed 28 Oct · 18:45 UTC

Warsh said the central bank will phase in an adjusted meeting schedule starting next year Federal Reserve Chairman…

01Developments

Developments

Wednesday 28 October

1 development
  1. 18:04 UTC· the latest

    Fed holds rates, two members dissent for a hike

    The FOMC kept its benchmark rate unchanged as expected, delaying changes until after the midterms. Warsh said the Fed will phase in an adjusted meeting schedule from next year.

    WashingtonUS

    6 sourcesNPR, Insider Paper, Bloomberg, Reuters, AFP
    • NPRRSSWed 28 Oct, 18:04

      Fed holds interest rates steady even as inflation remains stubborn The Federal Reserve opted to leave its benchmark interest rate unchanged — but investors widely expect the central bank to raise rates at its next meeting in December to combat stubborn inflation.
      The original post
    • Insider PaperTelegramWed 28 Oct, 18:04

      JUST IN - US Fed holds interest rates steady, says committed to fighting inflation Two of Fed's 12-voting-member committee dissent, call for rate hike
      The original post
    • BloombergBlueskyWed 28 Oct, 18:05

      BREAKING: A divided Fed holds interest rates without offering a clear signal it might hike in December. Follow our live blog for the latest updates ⤵️
      The original post
    • ReutersBlueskyWed 28 Oct, 18:08

      BREAKING: The Federal Reserve held interest rates steady, as expected, opting to delay any changes to borrowing costs until after next week's midterm elections and awaiting further data on the path of inflation. Follow live updates ➡️
      The original post
    • AFPXWed 28 Oct, 18:16

      #BREAKING US Federal Reserve holds rates steady as expected, but two members dissent with call for immediate hike
      The original post
    • BloombergBlueskyWed 28 Oct, 18:45

      Warsh said the central bank will phase in an adjusted meeting schedule starting next year Federal Reserve Chairman Kevin Warsh said the central bank will phase in an adjusted meeting schedule starting next year.
      The original post
02Seen in the story

What it looked like.

Wed 28 Oct · 18:45 · Bloomberg

Warsh said the central bank will phase in an adjusted meeting schedule starting next year Federal Reserve Chairman…

Fed holds rates, two members dissent for a hike

Wed 28 Oct · 18:16 · AFP

#BREAKING US Federal Reserve holds rates steady as expected, but two members dissent with call for immediate hike

Fed holds rates, two members dissent for a hike

Wed 28 Oct · 18:05 · Bloomberg

BREAKING: A divided Fed holds interest rates without offering a clear signal it might hike in December. Follow our…

Fed holds rates, two members dissent for a hike

Wed 28 Oct · 18:04 · NPR

Fed holds interest rates steady even as inflation remains stubborn The Federal Reserve opted to leave its benchmark…

Fed holds rates, two members dissent for a hike