{
  "id": 16947187,
  "title": "US Federal Reserve keeps rates unchanged, leaves door open to further hikes",
  "url": "https://urgent.news/2026/10/28/us-federal-reserve-keeps-rates-unchanged-leaves-door-open-to-further",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-28T19:09:25.000Z",
  "source": {
    "name": "Times of India",
    "slug": "times-of-india",
    "url": "https://timesofindia.indiatimes.com/business/international-business/us-federal-reserve-keeps-rates-unchanged-leaves-door-open-to-further-hikes/articleshow/135278487.cms"
  },
  "original_language": "en",
  "account": "The US Federal Reserve maintained interest rates at 3.75%-4% in a 10-2 vote, deliberating between ongoing inflation and a robust economy before deciding on potential future actions. This decision was made before the upcoming US midterm elections, with the central bank noting that inflation remains high despite economic growth. Federal Reserve Chair Kevin Warsh stated that economic activity is expanding robustly, elevating the Fed's assessment from \"solid\" to \"strong\" following its September meeting. The economy shows signs of continued strength, with domestic spending remaining stable, productivity growing, investment thriving, and job creation keeping pace with workforce expansion. However, inflation persists above the Fed's 2% target, leaving policymakers divided on whether to tighten monetary policy further.\n\nGovernors Lisa Cook and Beth Hammack voted against the decision, advocating for a 25-basis-point rate increase. Their stance highlights concerns about persistent inflationary pressures and the potential difficulty in controlling price increases if further tightening is delayed. Some economists and market participants suggest another rate hike could occur in December, though the Fed has not committed to a specific timeline. Warsh emphasized the need for additional data to determine the appropriate policy stance, stressing that addressing inflation cannot be tied to a fixed date or a single data point. He noted that inflation expectations have moved in the right direction since the Fed's September move, while financial and credit conditions have tightened for some businesses and households. However, he refrained from describing overall financial conditions as \"tight.\"\n\nMarkets responded cautiously to the decision. US stock indexes were mixed, Treasury yields crept upward, and short-term interest rate futures rose, reflecting uncertainty about the path of monetary policy. The Fed's statement leaves open the possibility of further rate hikes if inflation fails to subside, even as policymakers acknowledge the strong performance of employment and economic activity.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 9,
    "also_reported_by": [
      {
        "outlet": "The Hill",
        "title": "Federal Reserve holds interest rates steady in face of persistent inflation",
        "url": "https://urgent.news/2026/10/28/federal-reserve-holds-interest-rates-steady-in-face-of-persistent",
        "published": "2026-10-28T18:05:47.000Z"
      },
      {
        "outlet": "Ajel English",
        "title": "US Federal Reserve holds interest rates steady at 4.00%",
        "url": "https://urgent.news/2026/10/28/us-federal-reserve-holds-interest-rates-steady-at-4-00",
        "published": "2026-10-28T18:09:11.000Z"
      },
      {
        "outlet": "El Pais English",
        "title": "The Federal Reserve leaves interest rates unchanged less than a week before the midterms",
        "url": "https://urgent.news/2026/10/28/the-federal-reserve-leaves-interest-rates-unchanged-less-than-a-week",
        "published": "2026-10-28T18:24:17.000Z"
      },
      {
        "outlet": "Hindustan Times - World News",
        "title": "US Federal Reserve leaves interest rates unchanged after September hike",
        "url": "https://urgent.news/2026/10/28/us-federal-reserve-leaves-interest-rates-unchanged-after-september",
        "published": "2026-10-28T19:01:09.000Z"
      },
      {
        "outlet": "RTHK News - Finance",
        "title": "US Federal Reserve holds rates steady, as expected",
        "url": "https://urgent.news/2026/10/28/us-federal-reserve-holds-rates-steady-as-expected",
        "published": "2026-10-28T21:01:25.000Z"
      },
      {
        "outlet": "CBS News",
        "title": "Federal reserve holds interest rates steady despite high inflation",
        "url": "https://urgent.news/2026/10/28/federal-reserve-holds-interest-rates-steady-despite-high-inflation",
        "published": "2026-10-28T21:36:04.000Z"
      },
      {
        "outlet": "The Mainichi",
        "title": "Federal Reserve keeps rates unchanged despite elevated inflation",
        "url": "https://urgent.news/2026/10/28/federal-reserve-keeps-rates-unchanged-despite-elevated-inflation",
        "published": "2026-10-28T22:34:19.000Z"
      },
      {
        "outlet": "SCMP Business",
        "title": "Hong Kong holds base rate at 4.25% after US Federal Reserve decision",
        "url": "https://urgent.news/2026/10/28/hong-kong-holds-base-rate-at-4-25-after-us-federal-reserve-decision",
        "published": "2026-10-28T23:09:59.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}