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Federal Reserve policymakers left interest rates unchanged at their October meeting ahead of next week's midterm elections while inflation remains elevated.

The U.S. central bank left borrowing costs unchanged this month after hiking rates in September for the first time in three ...

Two of the 12 Federal Open Market Committee voters dissented from the decision. Both wanted to raise rates by a quarter ...

In a statement accompanying the rate decision, the Fed conveyed that it had more work to do to quell inflation, which it ...

Forecasters expect Federal Reserve officials to hold their benchmark for short-term interest rates steady Oct. 28 even as ...

The Fed is tasked by Congress to combat inflation, and it does so by lifting rates to slow borrowing and spending and cool ...

Federal Reserve officials held interest rates steady Wednesday despite stubborn inflation. The central bank’s Federal Open ...

The Federal Reserve voted 10-2 in favour of leaving the Fed funds target rate range at 3.75%-4%. Only 2bp of a potential 25bp ...

Fed officials will unveil their latest interest rate move this week, following the September rate hike, the first in three ...

The Federal Reserve left interest rates unchanged, despite stubborn inflation, just days before the midterm elections.