Fed holds rates at 3.75%-4% as two officials call for a hike

FinanceInternationalEl EspectadorOct 28, 2026, 3:22 PM35 s readAI summary

The Fed's monetary policy committee (FOMC) kept interest rates between 3.75% and 4%, after raising them for the first time in three years at its previous meeting in September. The committee argued it needs more data to determine the appropriate policy stance and ensure inflation returns to its 2% target. Two officials called for a hike amid persistent inflation. Chair Kevin Warsh said inflation is "too high" and that he cannot describe financial conditions as restrictive.

In 35 seconds

The Fed left rates in the 3.75%-4% range and asked for more data before moving them again.
Two committee officials voted for a hike amid persistent inflation.
Kevin Warsh said inflation is "too high" and that he does not describe financial conditions as restrictive.

Read the full story at El Espectador

IASummary generated by artificial intelligence from a story by El Espectador. It may contain errors: the original source prevails.

Fed
tasas de interés
inflación
Estados Unidos
política monetaria

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Fed holds rates at 3.75%-4% as two officials call for a hike

In 35 seconds

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Keep reading

IMF backs economic rescue bill as Banco de la República calls for rigor in its review

Parks and attractions in Colombia generated US$1.095 billion in 2024, according to IAAPA

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