Fed holds rates steady as expected

October 28, 2026 2:14 PM EDT

Investing.com -- The Federal Reserve on Wednesday kept interest rates steady as largely expected.

The Federal Open Market Committee (FOMC) maintained the federal funds rate at 3.75%-4.00%.

All eyes are now on Fed Chair Kevin Warsh’s post-decision press conference at 14:30 ET (18:30 GMT).

This is a developing story, please check back for updates

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