{"id":816889,"date":"2026-10-28T21:26:11","date_gmt":"2026-10-28T21:26:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/816889\/"},"modified":"2026-10-28T21:26:11","modified_gmt":"2026-10-28T21:26:11","slug":"federal-reserve-leaves-us-interest-rates-unchanged","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/816889\/","title":{"rendered":"Federal Reserve leaves US interest rates unchanged"},"content":{"rendered":"<p>No dose of \u2018monetary medicine\u2019 this month \u2013 nor a hint of what will come nextpublished at 20:06 GMT<\/p>\n<p>20:06 GMT<\/p>\n<p class=\"ssrcss-1l98ssq-Contributor etflsgg2\"><img decoding=\"async\" alt=\"\" loading=\"lazy\" src=\"https:\/\/www.newsbeep.com\/uk\/wp-content\/uploads\/2026\/10\/cce13363-b8e2-41ee-9c24-e770b8e95f46.jpg.webp\" width=\"64\" height=\"64\" class=\"ssrcss-egie1y-Image edrdn950\"\/>Rachel Clun<br \/>Business reporter<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">According to Fed chair Kevin Warsh, inflation may be high,<br \/>\nand the economy is strong, but there are other signs &#8211; such as tightening credit<br \/>\nconditions &#8211; that things are moving in the right direction.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">\u201cThe overwhelming consensus, the overwhelming judgement, is<br \/>\nthat what we&#8217;ve done in this monetary medicine is starting to work some,\u201d he<br \/>\nsaid, referring to last month\u2019s interest rate rise.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">There is also plenty more economic data to come between now<br \/>\nand the committee\u2019s next meeting starting on 8 December, he said, which should<br \/>\npaint a more detailed picture of the state of the economy.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">At that point, he said, \u201cwe\u2019ll be, I think, better positioned to determine the right<br \/>\npolicy decision and the stance of policy.&#8221;<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">While last month the committee signalled there could be one<br \/>\nmore rate rise this year, Warsh would not be drawn on where he thinks they will<br \/>\ngo in six weeks\u2019 time.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">\u201cA lot of things can happen, so I&#8217;m not going to be able to<br \/>\nshare with you my musings.\u201d<\/p>\n<p><img decoding=\"async\" alt=\"A close-up of Fed Chair Kevin Warsh in a blue suit with a US flag behind him\" loading=\"lazy\" src=\"https:\/\/www.newsbeep.com\/uk\/wp-content\/uploads\/2026\/10\/e433f2dc-cb6d-4892-8a25-a0d04e787128.jpg.webp\"  width=\"1000\" height=\"667\" class=\"ssrcss-egie1y-Image edrdn950\"\/>Image source, EPA<\/p>\n","protected":false},"excerpt":{"rendered":"No dose of \u2018monetary medicine\u2019 this month \u2013 nor a hint of what will come nextpublished at 20:06&hellip;\n","protected":false},"author":2,"featured_media":816890,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[49,50,51,47,52,48],"class_list":["post-816889","post","type-post","status-publish","format-standard","has-post-thumbnail","category-headlines","tag-headlines","tag-news","tag-top-news","tag-top-stories","tag-topnews","tag-topstories"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/816889","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=816889"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/816889\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/816890"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=816889"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=816889"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=816889"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}