https://www.live-feeds.com/feed/fed-holds-rates-steady-despite-elevated-inflationContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/fed-holds-rates-steady-despite-elevated-inflationhttps://www.live-feeds.com/feed/fed-holds-rates-steady-despite-elevated-inflation#u166436Sat, 31 Oct 2026 15:45:15 +0000The Federal Reserve maintained its benchmark federal funds target range at 3.75 percent to 4 percent following its October 28, 2026, meeting. Policymakers opted to keep borrowing costs steady despite elevated and stubborn inflation, balancing rising price pressures against resilient domestic economic activity. The Federal Open Market Committee voted 10-2 in favor of the rate hold, with two dissenting officials favoring a 0.25 percentage point rate increase. Precious metals reacted to the announcement, as gold prices dropped to $4,035 per ounce and silver fell while markets processed future rat