government
Fed likely to hold rates steady ahead of midterms
Summary by Inflation News Editorial Desk Max Rego , as published by The Hill Business
· October 28, 2026
· 1 min read
Photo: The Hill Business · view original
Federal Reserve officials will decide whether to raise interest rates again on Wednesday, as persistent inflation strains Americans ahead of the midterm elections. Annual inflation was 3.7 percent in September, according to the consumer price index (CPI). That marked an increase from 3.4 percent...
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Summary created by Inflation News Editorial Desk — automated, rule-governed Byline on source page Max Rego, as published by The Hill Business Original story Read at the source Source published Oct 28, 2026 Indexed here Oct 28, 2026 AI assistance Automated summary drawn from the source’s own published text Prepublication human review No — editorial rules, flagged-item review, and published samples
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Key points 7 percent in September, according to the consumer price index (CPI). 4 percent in August and showed inflation remains entrenched in the economy amid... More government Today’s briefing
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What is this story about? Federal Reserve officials will decide whether to raise interest rates again on Wednesday, as persistent inflation strains Americans ahead of the midterm elections. Annual inflation was 3.7 percent in September, according to the consumer price index (CPI). That marked an increase from 3.4 percent...
When was this published? This article was first published on October 28, 2026 by The Hill Business and curated for Inflation News readers.
Who reported this story? This story was reported by Max Rego at The Hill Business. To learn more about how Inflation News selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more government coverage from Inflation News, or browse our daily briefing and topic hubs .
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