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Fed holds rates steady amid elevated inflation
The U.S. Federal Reserve kept its key interest rate unchanged at about 3.9 percent (or 3.75–4.00 percent) on October 28, 2026, despite elevated inflation, following last month's quarter-point hike. Fed Chair Kevin Warsh said inflation is 'too high,' and the central bank gave little signal about its next move, though it left the door open for further hikes. Korean stocks opened slightly higher on October 29, buoyed by the Fed's decision and expectations for strong Samsung Electronics earnings.
- US Fed keeps rates unchanged despite elevated inflation, gives little signal of next move
- 美기준금리 3.75∼4.00% 동결…지난달 인상 뒤 숨고르기(종합2보)
- 미 연준, 기준금리 3.75∼4.00% 동결···추가 인상 가능성은 열어둬
- (3rd LD) Fed holds key interest rate steady; Warsh says inflation 'too high'
- Seoul stocks open tad higher as Fed holds rates ahead of Samsung earnings report
