Chairman Warsh answers reporters’ questions at the FOMC press conference on June 17, 2026. Photo: Federal Reserve

The Federal Reserve maintained its benchmark interest rate at 3.75% to 4.00% following its October 28, 2026, policy meeting. The decision reflects policymakers’ efforts to balance inflation risks with economic growth and employment conditions.

The Fed will continue its open-market operations to keep short-term interest rates within the target range while maintaining ample bank reserves. Policymakers will monitor incoming economic data to guide future interest rate decisions.