US-ECONOMY-FED-RATE-INFLATION

US Federal Reserve Chair Kevin Warsh departs after speaking during a press conference following the Federal Open Market Committee's interest-rate decision in Washington, DC, on October 28, 2026. The US Federal Reserve on October 28 held interest rates steady, in line with market expectations, days ahead of crucial midterm elections where surging inflation has been a key issue. The 12-member Federal Open Market Committee voted 10-2 to hold rates at a target range between 3.75 percent and 4.00 percent, citing the need for more data in the fight against price increases. Policymakers raised rates for the first time in three years at their previous meeting in September. (Photo by SAUL LOEB / AFP via Getty Images)