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Wednesday, October 28, 2026Updated 14:29 UTC

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Fed expected to hold interest rates steady but a hike is anticipated by year's end

Source: NPR Business · Oct 28, 2026 08:45 UTC

Entrance of the Federal Reserve Bank of Cleveland with its arched windows and statues — File photo Carol M. Highsmith / Library of Congress · Public domain · Source

The Quick Take

The Federal Reserve is expected to hold its benchmark interest rate steady Wednesday. But investors think a rate hike in December is likely, as the central bank tries to tamp down inflation.

Read the full story at NPR Business

Ground Level News gathers headlines from public news feeds. This page shows a short summary only; the full article and all rights belong to NPR Business.