{"id":898125,"date":"2026-10-29T00:28:16","date_gmt":"2026-10-29T00:28:16","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/898125\/"},"modified":"2026-10-29T00:28:16","modified_gmt":"2026-10-29T00:28:16","slug":"fed-holds-rates-steady-despite-elevated-inflation","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/898125\/","title":{"rendered":"Fed Holds Rates Steady Despite \u2018Elevated\u2019 Inflation"},"content":{"rendered":"<p><a class=\"css-13xl2ke\" href=\"https:\/\/www.nytimes.com\/by\/joe-rennison\" rel=\"nofollow noopener\" target=\"_blank\"><img decoding=\"async\" alt=\"Joe Rennison\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2026\/10\/author-joe-rennison-thumbLarge-v2.png\"   height=\"40\" width=\"40\" loading=\"lazy\"\/><\/a><\/p>\n<p>Oct. 28, 2026, 3:34 p.m. ET<\/p>\n<p class=\"css-sdti3 evys1bk0\">There is an interesting dynamic in the market as investors digest Warsh\u2019s comments. The short-dated, two-year Treasury yield has fallen to 4.71 percent, while the 10-year Treasury yield has risen to 5.04 percent. The move in the 10-year was driven by a rise in the breakeven inflation rate, which is a market measure of investors\u2019 inflation expectations. \u201cThat to me is literally the market saying that you talk tough on inflation but you are not delivering on it,\u201d said George Goncalves, head of U.S. macro strategy at MUFG Securities. <\/p>\n","protected":false},"excerpt":{"rendered":"Oct. 28, 2026, 3:34 p.m. ET There is an interesting dynamic in the market as investors digest Warsh\u2019s&hellip;\n","protected":false},"author":2,"featured_media":898126,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[28,8877,9007,261285,106855,241068],"class_list":["post-898125","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-federal-reserve-system","tag-interest-rates","tag-kevin-m","tag-united-states-economy","tag-warsh"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/898125","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=898125"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/898125\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/898126"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=898125"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=898125"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=898125"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}