Fed holds interest rates steady even as inflation remains high

The U.S. central bank left borrowing costs unchanged this month after hiking rates in September for the first time in three years.

• Updated 49m ago

Federal Reserve raises interest rates for the first time since 2023

The Fed increased its benchmark rate by 0.25 percentage points to battle resurgent inflation driven by soaring energy prices.

• Sep 16

Alan Greenspan, Fed chair under 4 U.S. presidents, dies at age 100

Alan Greenspan's lengthy reign at the Federal Reserve coincided with a period of stability from the mid-1980s until 2007.

• Jun 22

Fed unlikely to cut interest rates until 2027, Bank of America says

A "hawkish" turn at the Fed and stubbornly high inflation could delay interest rate cuts, according to Bank of America economists.

• May 8

Powell says the Fed was served DOJ subpoenas over building renovations

The subpoenas threatened a criminal indictment related to Jerome Powell's testimony before the Senate Banking Committee in June 2025, according to the Fed chair.

• Jan 12

Atlanta Fed President to retire next year

The president and chief executive officer of the Federal Reserve Bank of Atlanta announced his intention to retire on Feb. 28, 2026.

• Nov 12, 2025