Federal Reserve Holds Interest Rates Steady at 3.75 to 4 Percent, Citing Resilient Economic Activity and Elevated Inflation

October 28, 2026 For release at 2:00 p.m. EDT WASHINGTON — In a decision that reflects ongoing deliberation over the balance between economic resilience and persistent price pressures, the Federal Open Market Committee (FOMC) voted to maintain the target range for the federal funds rate at 3-3/4 to 4 percent. The monetary policy action was…

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UK GDP Expands 0.1% in August, Defying Expectations as Manufacturing Drives Resilient Growth

The United Kingdom economy expanded by 0.1% month-on-month in August, successfully defying market consensus expectations which had forecasted a 0.1% contraction. While the latest reading marks a sharp deceleration from the more robust 0.4% growth rate recorded in July, the figures released by the Office for National Statistics reveal an economy that continues to find…

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