LBCI

US Fed holds interest rates steady, says committed to fighting inflation

World News

28-10-2026 | 14:10

Share

Share

US Fed holds interest rates steady, says committed to fighting inflation

The U.S. Federal Reserve on Wednesday 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.

Two members of the committee, Governor Lisa Cook and Cleveland Fed President Beth Hammack, dissented, calling instead for an immediate 0.25-percentage-point rate hike.

AFP

World News

United States

Federal Reserve

Interest Rates

Inflation

Next

US Fed Chair Warsh says 'inflation is too high'

US issues new North Korea-related sanctions

Previous

Recommended For You

US Fed Chair Warsh says 'inflation is too high'

14:46

US Fed Chair Warsh says 'inflation is too high'

US issues new North Korea-related sanctions

11:15

US issues new North Korea-related sanctions

US sanctions Rwandan defense ministry over alleged M23 ties

11:04

US sanctions Rwandan defense ministry over alleged M23 ties

Russia's Lavrov to visit US for G20 gathering this week: Moscow

10:14

Russia's Lavrov to visit US for G20 gathering this week: Moscow

Subscribe to our VOD

SUBSCRIBE

Our visitors readings

Israeli army issues urgent evacuation warning for two Lebanese villages

2026-01-05

Israeli army issues urgent evacuation warning for two Lebanese villages

Spain's King, Macron express support for Lebanon in calls with President Aoun

2026-03-07

Spain's King, Macron express support for Lebanon in calls with President Aoun

Houthis target presidential palace in Yemen's Aden: AFP

Middle East News

2026-10-15

Houthis target presidential palace in Yemen's Aden: AFP

Trump says govt shutdown slowed US growth by 'at least two points,' ahead of official figures

2026-02-20

Trump says govt shutdown slowed US growth by 'at least two points,' ahead of official figures

Videos

Exclusive LBCI interview: UN official optimistic about UNIFIL’s future — video

News Bulletin Reports

2026-10-15

Exclusive LBCI interview: UN official optimistic about UNIFIL’s future — video

US on Hezbollah funding and Lebanon’s reconstruction: What did Tommy Pigott tell LBCI? Watch the interview

News Bulletin Reports

2026-10-09

US on Hezbollah funding and Lebanon’s reconstruction: What did Tommy Pigott tell LBCI? Watch the interview

Kaja Kallas tells LBCI about Europe’s planned mission in Lebanon — interview

News Bulletin Reports

2026-10-08

Kaja Kallas tells LBCI about Europe’s planned mission in Lebanon — interview

Heavy rain and flooding hit Lebanon’s Zahle region: Footage

2026-09-18

Heavy rain and flooding hit Lebanon’s Zahle region: Footage

Aoun arrives at Élysée Palace for meeting with Macron—Video

2026-09-17

Aoun arrives at Élysée Palace for meeting with Macron—Video

Lebanon-Israel talks: delegations arrive at US Embassy in Rome — Video

2026-08-06

Lebanon-Israel talks: delegations arrive at US Embassy in Rome — Video

Residents begin returning to Zawtar el-Gharbiyeh, southern Lebanon: Video

2026-07-24

Residents begin returning to Zawtar el-Gharbiyeh, southern Lebanon: Video

Slotkin to LBCI: Lebanese army needs resources to confront Hezbollah, $36 million request submitted for special forces

2026-07-20

Slotkin to LBCI: Lebanese army needs resources to confront Hezbollah, $36 million request submitted for special forces

Lebanon’s ambassador to Washington: trilateral framework agreement first step toward restoring sovereignty

2026-06-26

Lebanon’s ambassador to Washington: trilateral framework agreement first step toward restoring sovereignty

Most read

24 hours

7 days

Month

Beirut airport without electricity since morning, urges EDL to restore power urgently

1

Beirut airport without electricity since morning, urges EDL to restore power urgently

First Israeli election exit polls show narrow edge for opposition

2

First Israeli election exit polls show narrow edge for opposition

62% of votes counted in Israel election, Netanyahu bloc leads with 53 seats

3

62% of votes counted in Israel election, Netanyahu bloc leads with 53 seats

Israel's Eisenkot says election results show 'lack of confidence' in Netanyahu

4

Israel's Eisenkot says election results show 'lack of confidence' in Netanyahu

87% of votes counted in Israel election, 650,000 double-envelopes yet to be tallied

5

87% of votes counted in Israel election, 650,000 double-envelopes yet to be tallied

Strong gains for Arab-majority parties in Israel vote: Exit polls

6

Strong gains for Arab-majority parties in Israel vote: Exit polls

Hezbollah chief calls Israeli election results a form of defeat, rejects disarmament

7

Hezbollah chief calls Israeli election results a form of defeat, rejects disarmament

From fine dining to hospital beds: Four hospitalized after meal at upscale Beirut restaurant

8

From fine dining to hospital beds: Four hospitalized after meal at upscale Beirut restaurant

Download now the LBCI mobile app

To see the latest news, the latest daily programs in Lebanon and the world

Google Play

App Store

Download now the LBCI mobile app

We use
cookies

We use cookies to make
your experience on this
website better.

Accept

Learn More