US Federal Reserve leaves interest rates unchanged after September hike
The US Federal Reserve left its interest rate unchanged at 3.75-4 per cent.
The US Federal Reserve left its interest rate unchanged at 3.75-4 per cent.
The Federal Reserve is expected to maintain rates at 3.75%–4%. Its decision is scheduled for 2 p.m. ET on October 28.
The Fed, led by Chairman Kevin Warsh, wants to return inflation to its 2% target, which it typically does by raising its short-term interest rate. Higher borrowing costs, over time, can cool spending and slow inflation
The Federal Reserve faces persistent inflation above its 2% target alongside pressure on housing and employment. Markets expect rates to hold steady after September’s increase, but investors will watch Kevin Warsh’s comments
The Federal Reserve faces persistent inflation above its 2% target alongside pressure on housing and employment. Markets expect rates to hold steady after September’s increase, but investors will watch Kevin Warsh’s comments
The U.S. Federal Reserve raised its benchmark overnight rate by a quarter point to a 3.75%-4.00% target range, marking its first hike since July 2023. The move, announced by new Fed chair Kevin Warsh, signals a continued tightening path amid persistent inflation pressures.
Former President Donald Trump urged that the United States adopt the world’s lowest interest rates ahead of the Federal Reserve’s September 15‑16 meeting, despite rising inflation and oil prices. Treasury officials, including Kevin Hassett, indicated Trump would back the independence of Fed nominee Kevin Warsh.
Three key policy decisions, beginning with the US Federal Reserve on Wednesday and followed by the Bank of England and Bank of Japan on consecutive days, could reshape the global monetary policy outlook for the remainder of 2026 and beyond
President Trump pressures the Federal Reserve to cut interest rates, arguing that doing so could spur unprecedented economic growth. However, economists warn that this may reignite inflation
Federal Reserve chair Kevin Warsh faces pressure from President Trump to lower interest rates despite market expectations for a hike. A strong jobs report adds complexity, with next week's inflation data likely determining the Fed's decision on rates.
President Trump increased pressure on the Federal Reserve to lower interest rates, threatening trade cuts with countries with trade deficits.
Federal Reserve Governor Christopher Waller is inclined to remain patient on interest rates, influenced by upcoming inflation data. He noted he might consider a rate hike if inflation data shows progress towards the 2% goal, acknowledging some signs of disinflation.
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