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Fed hits pause on interest rates
Fed Governor Lisa Cook and Cleveland Fed President Beth Hammack wanted a quarter-point hike, and investors still expect one in December; rates held for now.
On air: Hank Ledger, Vera Bullock and Dale Bearman on BBN TonightPublished
At a glance
- First reported by The Hill: “Fed hits pause on interest rates”, with reporting from Yahoo Finance, Business Standard, Crypto Times and KRON4 (The Hill syndication).
- Covered on BBN on Wednesday, October 28, 2026, at 7:31 PM ET on BBN Tonight, by Hank Ledger, Vera Bullock and Dale Bearman.
- Topics: Fed.
- BBN covered this story before: Prince William on grief, Fed's no soft target, Google AI (October 28).
The real story
The reporting behind this segment. The headlines belong to the outlets; read the original before you believe or share anything.
- The HillFed hits pause on interest rates
- Yahoo FinanceRate decision live: Interest rates held steady in split vote, Warsh says politics played 'no role' ahead of midterm elections October 28, 2026 · facts used on air
- Business StandardFed keeps interest rates unchanged, awaits more data on inflation October 28, 2026 · facts used on air
- Crypto TimesFed Rate Decision Today: Rates Held at 3.75 October 28, 2026 · facts used on air
- KRON4 (The Hill syndication)Federal Reserve holds interest rates steady in face of persistent inflation October 28, 2026 · facts used on air
What BBN said about it
Hank Ledger · Lead AnchorThe Federal Reserve held interest rates steady today, voting ten to two, with the target range staying at three point seven five to four percent.
Dale Bearman · Chief Skeptic & ContributorThe two dissenters, Governor Lisa Cook and Beth Hammack, wanted a quarter-point hike instead, and prices rose three point seven percent in September.
Vera Bullock · Co-AnchorChair Kevin Warsh says politics played no role, six days before the midterms. I believe him completely.
The story so far
- Israel's election, the Fed, a judge's rebuke, Brewers · Al Jazeera
- Fed holds rates, will cut meetings; Rays win Game 4 · CNBC
- Prince William on grief, Fed's no soft target, Google AI · FXStreet
- Fed hits pause on interest rates (this story)
From the archive: everything BBN aired on Wednesday, October 28, 2026 · the Your Money archive · all months
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