Fed Holds Benchmark Rate Steady as Inflation Remains Elevated

Fox Business • 28 अक्टू 19:55

The Federal Reserve voted 10-2 to keep the federal funds rate at 3.75%-4% amid persistent inflation, while two members dissented and called for a hike.

Livemint • 28 अक्टू 19:49

The Federal Open Market Committee left its benchmark rate unchanged on Oct. 28, citing elevated inflation and the need for more data before deciding on future policy.

investingLive • 28 अक्टू 19:21

Following the Federal Reserve's rate hold and Chair Warsh's press conference, the U.S. dollar weakened against major currencies, short-term Treasury yields fell, long-term yields rose, and equity indices showed mixed performance.

BBC • 28 अक्टू 18:04

The U.S. central bank left its benchmark rate steady, citing persistent inflation and a desire for more data before deciding on future moves.

Kitco • 28 अक्टू 18:01

Spot gold slipped to about $4,035 per ounce after the Federal Open Market Committee voted 10-2 to keep the federal funds rate unchanged, while some members called for a hike.

CNBC • 28 अक्टू 18:00

The Federal Open Market Committee left the federal funds rate at 3.75%-4% as two members dissented, calling for a quarter-point hike, while the Fed signals a patient stance on inflation.

BBC • 28 अक्टू 17:56

The Federal Open Market Committee kept its benchmark rate unchanged, with ten members voting to maintain the 3.75%-4% range and two favoring a modest increase, while noting persistent inflation and a resilient economy.

CNBC • 28 अक्टू 12:09

Traders anticipate the Federal Reserve will keep its benchmark rate unchanged on Wednesday, with less than a 10% chance of an additional increase after the September quarter-point hike.

NBC News • 27 अक्टू 22:36

Federal Reserve officials are likely to keep benchmark interest rates unchanged this month, citing the need to assess financial conditions and avoid influencing the upcoming midterm elections.

The Economic Times • 27 अक्टू 22:26

US Treasury yields rose modestly on Tuesday ahead of the Federal Reserve's policy meeting, with the 2-year at 4.735% and the 10-year just under 5%, while the spread between them narrowed.

Fox Business • 27 अक्टू 17:46

The Federal Reserve is expected to keep interest rates unchanged on Wednesday, with markets pricing in a high likelihood of a hold despite September CPI showing faster-than-expected price growth.

Kitco • 27 अक्टू 14:26

Natixis economists say the Federal Reserve will likely keep its policy rate at 4.0% in September, with three regional presidents expected to dissent for a 25-basis-point hike, and anticipate a brief press conference from Chair Warsh.

CBS News • 26 अक्टू 20:10

The Federal Reserve is slated to announce its October policy decision, with most analysts forecasting no change to the benchmark rate as inflation remains above target.

Reuters • 26 अक्टू 10:22

Federal Reserve officials are likely to keep the benchmark rate steady at the upcoming meeting, but analysts say the pause may be brief as inflation and growth data remain strong.