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Federal Reserve Maintains Interest Rates Amid Rising Inflation Concerns and Economic Growth Indicators

Federal Reserve Maintains Interest Rates Amid Rising Inflation Concerns and Economic Growth Indicators

U.S. Fed holds interest rates steady despite surging inflation
U.S. Fed holds interest rates steady despite surging inflation

The 12-member FOMC voted 10-2 to hold rates at a target range between 3.75 and 4.00%, citing the need for more data in the fight against inflation

US inflation rises to 3.6% in September, strengthening bets on Fed rate hike in December
US inflation rises to 3.6% in September, strengthening bets on Fed rate hike in December

US inflation rose to 3.6% in September, above the Fed's 2% target, strengthening market expectations of an interest rate hike in December.

Third-quarter U.S. GDP increases a better-than-expected 3.4% as September inflation accelerates
Third-quarter U.S. GDP increases a better-than-expected 3.4% as September inflation accelerates

The personal consumption expenditures price index was projected to increase 0.5% in September for an annual rate of 3.7%, according to the Dow Jones consensus.

US Federal Reserve Holds Interest Rates at 3.75%-4.00% Ahead of Midterm Elections | Trump | News18
US Federal Reserve Holds Interest Rates at 3.75%-4.00% Ahead of Midterm Elections | Trump | News18

The US Federal Reserve kept its benchmark interest rate unchanged at 3.75-4.00 per cent, pausing after its first rate hike since 2023 last month as policymakers weigh persistent inflationary...

US Fed Holds Key Rate At 3.9% Despite Elevated Inflation, Gives Little Hint On Next Move
US Fed Holds Key Rate At 3.9% Despite Elevated Inflation, Gives Little Hint On Next Move

The Fed's rate-setting body, voted 10-2 to maintain its benchmark rate in a target range of 3.75% to 4%.

US Fed Chair Says Politics 'Played No Role' In Rate Decision Ahead Of Midterm Elections
US Fed Chair Says Politics 'Played No Role' In Rate Decision Ahead Of Midterm Elections

The decision came days before the US midterm elections, with rising living costs, including higher petrol and grocery prices, a major concern for households.

US Fed holds interest rates steady despite surging inflation
US Fed holds interest rates steady despite surging inflation

The US Federal Reserve on Wednesday held interest rates steady, in line with market expectations, days ahead of crucial midterm elections where surging inflation has been a key issue. The...

Fed keeps interest rates unchanged, awaits more data on inflation
Fed keeps interest rates unchanged, awaits more data on inflation

The US Federal Reserve held interest rates at 3.75-4.00% in a 10-2 vote, citing persistent inflation, as two policymakers backed a 25-basis-point hike ahead of the midterm elections.

Why the Federal Reserve has kept interest rates unchanged despite sticky inflation
Why the Federal Reserve has kept interest rates unchanged despite sticky inflation

The US Federal Reserve left interest rates unchanged at 3.75% to 4.0% amid persistent inflation, while citing a strong economy and awaiting further data before deciding on future policy steps.

Fed Keeps Rates Steady Despite ‘Elevated’ Inflation
Fed Keeps Rates Steady Despite ‘Elevated’ Inflation

State of the Union: The decision, which was widely expected, follows a rate hike last month.

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