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NYT

Fed Holds Rates Steady Despite Lack of Progress on Inflation

Wednesday, October 28, 2026


Kevin M. Warsh, chairman of the Federal Reserve, said officials will assess policy decisions after an upcoming information-rich period before the central bank's December gathering. The Federal Reserve held interest rates steady at its most recent meeting. Warsh did not specify what economic data or reports would inform the decision on whether to adjust rates.

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