Federal reserve holds interest rates steady despite high inflation

A finance story from the U.S., reported by CBS News.

Finance · the U.S. · October 28, 2026

From CBS News

The Federal Reserve held interest rates steady on Wednesday after raising borrowing costs in September to clamp down on inflation. CBS News' Kelly O'Grady breaks it down.

Reported by CBS News, October 28, 2026. Read the full story at CBS News →

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