U.S. Fed Holds Rates Steady Amid Inflation Concerns
The U.S. Federal Reserve kept its benchmark interest rates unchanged at 3.75% to 4.0% during its October meeting. The 12-member committee voted 10-2 to maintain rates, with two dissenters favoring a 25 basis point hike. Chairman Kevin Warsh announced fewer FOMC meetings from 2027, with some focused on broader monetary policy strategy rather than rate-setting. The decision aligns with market expectations amid persistent inflation.
Hindu Business·




