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2810, 2026

Fed Holds Rates at 4% as Wall Street Bets on December Hike

By: Paul Goldberg — Senior Correspondent | LGBT Business Finance News WASHINGTON, D.C. — (October 28, 2026) — The Federal Reserve kept its benchmark interest rate unchanged Wednesday, maintaining its target range of 3.75% to 4.00% as policymakers weigh persistent inflation against continued strength in the U.S. economy. The decision, approved by a 10–2 vote of the Federal Open Market Committee (FOMC), follows September's quarter-point rate increase. While the pause [...]

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