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Fed holds rates, will cut meetings; Rays win Game 4
Chair Kevin Warsh says the Fed will drop from eight meetings a year to seven in 2027, then six; two members wanted a hike today.
On air: Hank Ledger, Vera Bullock and Dale Bearman on BBN NewsroomPublished
Photo: Federalreserve · Public domain · Wikimedia Commons · altered by BBNWatch it as it aired: Hank Ledger, Vera Bullock and Dale Bearman on this story, from BBN Newsroom at 3:00 PM ET. Cartoon anchors, real headline: the facts are CNBC's, the jokes are ours.
At a glance
- First reported by CNBC: “Fed to cut back on the number of rate-setting meetings in coming years, says Warsh”, with reporting from The Hill and CNN.
- Covered on BBN on Wednesday, October 28, 2026, at 3:00 PM ET on BBN Newsroom, by Hank Ledger, Vera Bullock and Dale Bearman.
- Topics: Rays.
- BBN covered this story before: Israel's election, the Fed, a judge's rebuke, Brewers (October 27).
The real story
The reporting behind this segment. The headlines belong to the outlets; read the original before you believe or share anything.
What BBN said about it
Hank Ledger · Lead AnchorIt's three Eastern, noon Pacific, and this is BBN Newsroom.
Hank Ledger · Lead AnchorThe Fed held rates at three point seven five to four percent, and Chair Kevin Warsh says it will hold fewer meetings, seven next year and six the year after.
Dale Bearman · Chief Skeptic & ContributorFewer meetings means fewer chances to fix anything before the whole thing comes down. Six a year. Six.
Hank Ledger · Lead AnchorTwo members voted for a quarter-point hike instead.
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Photo: Bill Boaden · CC BY-SA 2.0 · Wikimedia Commons · altered by BBN, shared under CC BY-SA 2.0
Photo: UpstateNYer · CC BY-SA 3.0 · Wikimedia Commons · altered by BBN, shared under CC BY-SA 3.0
Photo: Alfred T. Palmer · Public domain · Wikimedia Commons · altered by BBN
Photo: L. David Mech · CC BY-SA 4.0 · Wikimedia Commons · altered by BBN, shared under CC BY-SA 4.0
Photo: Chlaborewan · CC BY-SA 3.0 · Wikimedia Commons · altered by BBN, shared under CC BY-SA 3.0
Photo: Arnaudh · CC BY 3.0 · Wikimedia Commons · altered by BBN
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 (this story)
From the archive: everything BBN aired on Wednesday, October 28, 2026 · the U.S. archive · all months
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