Fed to hit pause on rate hikes, but maybe not for long
Markets expect policymakers to keep borrowing costs unchanged as September inflation rose to 3.7 percent and officials signal more data before any further move.
- Federal Reserve Chair Kevin Warsh and policymakers are widely expected to hold the federal funds rate at 3.75%–4.00% on Wednesday, October 28, 2026, with markets pricing roughly a 90% chance of a pause.
- Policymakers signaled patience while weighing upside inflation risks following September's 25-basis-point increase, allowing time to assess resilient economic data before deciding on further tightening later this year.
- Trading in fed funds futures suggests an 80% probability of a rate increase in December, as persistent inflation above the 2% target remains the central bank's primary concern.
- Warsh faces a delicate balancing act to justify the pause without signaling a lack of resolve against inflation, with midterm elections occurring days later on November 3.
- High borrowing costs continue to weigh on households, as average 30-year fixed mortgage rates remain near 7.4% and energy prices stay elevated due to the ongoing conflict in Iran.
272 Articles
272 Articles
The president of the US Federal Reserve (Fed), Kevin Warsh, announced this Wednesday that the central bank will reduce the number of meetings on interest rates from 2027 and said that inflation is "too high".
MONEY & BUSINESS: Federal Reserve likely to skip rate hike despite elevated inflation – One America News Network
By CHRISTOPHER RUGABERUpdated 9:34 AM PDT, October 28, 2026 U.S. Federal Reserve Chairman Kevin Warsh speaks during the annual meetings of the International Monetary Fund and the World Bank Group in Bangkok, Thailand, Friday, Oct. 16, 2026. (AP Photo/Dhitaraht Dhanarahtsombat) WASHINGTON (AP) The Fed is expected to stand pat on interest rates Wednesday even though inflation has accelerated in the past couple of months as the Iran war has caused …
The Federal Reserve System (FRF) will change the schedule of meetings next fall, and the President of the U.S. CEC, Kevin Warsh, stated during a press conference following a two-day meeting on Wednesday.
Fed Plans Strategy Meetings, Fewer Rate Decisions
Federal Reserve Chair Kevin Warsh said the Fed will convert one of its eight annual meetings next year into a strategy-focused discussion without an interest-rate decision, expanding to two such meetings in 2028. The shift is intended to give policymakers more time to consider longer-term economic issues, though it reduces opportunities to adjust rates between scheduled meetings. · 22 sources across the spectrum on IJR News.
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Bias Distribution
- 51% of the sources are Center
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