Fed holds rates at 3.75%-4% ahead of US midterm elections

FinanceInternationalSWI swissinfo.chOct 28, 2026, 5:04 PM35 s readAI summary

The US Federal Reserve kept its benchmark interest rates unchanged in a range of 3.75% to 4%, six days before the November 3 midterm elections. Two of the 12 monetary policy officials dissented and sought a quarter-point hike. The FOMC said it needs more data on the economy after September's rate increase. Chair Kevin Warsh said inflation is "too high" and that politics played no role in the decision.

In 35 seconds

The Fed left rates in the 3.75%-4% range, with no surprise for the market.
Lisa Cook and Beth Hammack dissented and wanted a quarter-point hike.
The FOMC called for more economic data after the first rate increase in three years, in September.

Read the full story at SWI swissinfo.ch

IASummary generated by artificial intelligence from a story by SWI swissinfo.ch. 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% ahead of US midterm elections

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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