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WATCH: Warsh holds briefing after Fed leaves key interest rate unchanged

The Federal Reserve kept its key rate unchanged Wednesday at about 3.9% despite stubbornly high inflation, while providing little hint about the central bank's next moves.

The Federal Reserve Will Release Its Interest Rate Decision Today. Here’s What to Watch.

28 October 2026 at 12:05
The central bank is widely expected to hold interest rates steady on Wednesday, just days before the midterm elections.

© Al Drago for The New York Times

The Federal Reserve is expected to press pause on raising interest rates after delivering a rate increase last month for the first time since 2023.
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