Fed holds rates between 3.75% and 4% a week before the midterms

FinanceInternationalEL PAÍSOct 28, 2026, 1:01 PM30 s readAI summary

The Federal Reserve kept interest rates unchanged in a range of 3.75% to 4%, less than a week before the US midterm elections. The decision included dissenting votes in favor of a quarter-point hike. Fed Chair Kevin Warsh said inflation has exceeded the committee's target for nearly six years and announced the central bank will cut its rate-decision meetings from eight to six.

In 30 seconds

The Fed left rates unchanged in the 3.75% to 4% range ahead of the midterm elections.
Some dissenting votes called for a quarter-point hike.
Warsh said inflation has exceeded the committee's target for nearly six years.

Read the full story at EL PAÍS

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

Reserva Federal
tipos de interés
inflación
Estados Unidos
política monetaria

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Fed holds rates between 3.75% and 4% a week before the midterms

In 30 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

President requests urgent congressional passage of fiscal adjustment bill

Oil edges lower after U.S. bombs Iran ahead of Election Day