US Federal Reserve keeps rates unchanged, leaves door open to further hikes - The Times of India
The US Federal Reserve held interest rates unchanged at 3.75%-4% in a 10-2 vote, as policymakers weighed persistent inflation against a resilient economy and waited for further data before deciding their next move. The decision came ahead of next week’s US midterm elections, with the central bank acknowledging that inflation remains elevated despite signs of continued economic strength.