@not_a_newt🇺🇸‼️🚨 FED HOLDS RATE The Federal Reserve kept rates at 3.75–4.00% in a 10–2 vote. Lisa Cook and Beth Hammack dissented, pushing for a 0.25% rate increase instead… reportedly Cook’s first ever dissent. A hike means pricier loans and mortgages to cool inflation, and the Fed says inflation “remains elevated.” Rate increases are back in the conversation…
Originalbeitrag ansehenFoto von @not_a_newt· Oct 28, 2026· Lisa D. Cook
The image is a screenshot of a document with text. The text is about a statement from the Federal Open Market Committee regarding interest rates and economic activity. The mood is formal and informative. The text is the primary focus, with some words highlighted in red and underlined. ON-SCREEN TEXT: The Federal Open Market Committee approved the following statement for release by a 12-010-2 vote: The Committee decided to raisemaintain the target range for the federal funds rate by 1/4 percentage point toat 3-3/4 to 4 percent, in support of the Federal Reserve's dual mandate. The Committee is continuing its policy of maintaining ample reserves in the banking system. Economic activity is expanding at a solidstrong pace. While uncertainty remains elevated owing, in part, to geopolitical developments, domestic spending has been resilient. Productivity growth is strong, and capital investment is robust. Job gains have kept pace with the workforce, and the unemployment rate has changed little. Inflation remains elevated. Today's policy action The accumulation of more information will supporthelp the
@not_a_newt🇺🇸‼️🚨 FED HOLDS RATE The Federal Reserve kept rates at 3.75–4.00% in a 10–2 vote. Lisa Cook and Beth Hammack dissented, pushing for a 0.25% rate increase instead… reportedly Cook’s first ever dissent. A hike means pricier loans and mortgages to cool inflation, and the Fed says inflation “remains elevated.” Rate increases are back in the conversation…
Originalbeitrag ansehenFoto von @not_a_newt· Oct 28, 2026· Lisa D. Cook
The image is a screenshot of a document with text. The text is about a statement from the Federal Open Market Committee regarding interest rates and economic activity. The mood is formal and informative. The text is the primary focus, with some words highlighted in red and underlined. ON-SCREEN TEXT: The Federal Open Market Committee approved the following statement for release by a 12-010-2 vote: The Committee decided to raisemaintain the target range for the federal funds rate by 1/4 percentage point toat 3-3/4 to 4 percent, in support of the Federal Reserve's dual mandate. The Committee is continuing its policy of maintaining ample reserves in the banking system. Economic activity is expanding at a solidstrong pace. While uncertainty remains elevated owing, in part, to geopolitical developments, domestic spending has been resilient. Productivity growth is strong, and capital investment is robust. Job gains have kept pace with the workforce, and the unemployment rate has changed little. Inflation remains elevated. Today's policy action The accumulation of more information will supporthelp the
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